Global markets were mixed in cautious trading as escalating Middle East hostilities and uncertainty ahead of the Federal ...

Central banks dump dollars, hoard gold, and silver surges past $37 as U.S. deficits soar and global trust in fiat currencies ...

Bank of America flagged reduced holdings of US Treasurys among foreign investors as a troubling trend for the bond market.

Central banks across the world are piling into gold. A new World Gold Council survey released this week shows that 95% of ...

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady. June 18 ...

Fed's Powell cautions little conviction in forecasted rate outlook Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in the central bank's interest rate ...

The Federal Reserve declined to adjust the federal funds rate after its June 18 meeting, leaving the benchmark range at between 4.25% and 4.50%, where it's been since December 2024. Few expected a ...

The federal funds rate is the target interest rate set by the Federal Reserve. It dictates the interest that commercial banks charge each other to lend extra reserves overnight. That, in turn ...

Federal Reserve Chair Jerome Powell said that the projected rise in inflation is "clearly" linked to the president's tariff plans.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...