News

Why Fed is likely to wait for signs of weakening economy before lowering interest rates
The Federal Reserve is set to hold interest rates steady and hint it's in no hurry to cut as tariffs threaten to heat up inflation amid solid economy ...
Trump’s pick for top Fed bank regulator advances out of committee
The Senate Banking Committee voted on Tuesday to move forward Bowman’s nomination to the Fed’s next vice chairwoman for ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
What's the CD interest rate forecast for May 2025?
Experts say a few factors could cause CD rates could shift this month. Here's how — and why — that may happen.
Millions of student loan borrowers head to collections as delinquency rates soar over 20%
The Education Department's own figures put the share of borrowers at risk of collections even higher: More than 5 million ...
European markets head for mixed open as traders focus on Fed decision
European markets are heading for a mixed open as traders await the U.S. Federal Reserve’s latest monetary policy announcement ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...
WATCH LIVE: Powell holds press conference after decision on interest rates
Federal Reserve Chairman Jerome Powell will hold a news conference at 2:30 p.m. following his announcement of the Fed’s ...