News

Federal Reserve starts to split on when to begin cutting US interest rates
Donald Trump’s tariffs have opened a schism at the Federal Reserve as top policymakers spar over whether to cut interest ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Interest rates held at 4.25% but Bank of England hints at future cuts
Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...
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The Fed's Interest Rate Decision Is Good News for Your Savings: Here's Why
This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like ...
Summer slump likely ahead for consumers who would like to see Fed cut interest rates
Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut ...
Fed holds interest rates for fourth time despite tariff turmoil
At 4.3%, the Fed's benchmark interest rate remains markedly higher than it was between 2008 and 2022, when the bank started ...
Interest rates unlikely to change and Sabrina Carpenter album sparks debate: Morning Rundown
Plus, Donald Trump called on Iran to surrender unconditionally, and Israel stepped up its attacks on Iran's uranium ...
Bank of England says world is 'highly unpredictable' as it keeps interest rate at 2-year low
The Bank of England has kept its main interest rate at the two-year low of 4.25% as fears grow that the conflict between ...
The GENIUS Act Could Have Interest-Rate Implications. Here's How.
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.