A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

Fed Governor Christopher Waller made dovish comments in his opening remarks on Sunday at the 2025 Bank of Korea International Conference. In prepared remarks, Waller said he would support “good news” ...

Trump called his appointee for Fed chair a "stupid person" Wednesday over the central bank's refusal to bend to his rate ...

In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...

Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in 2025, saying uncertainty ...

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds the ...

These days, waiting for the Federal Reserve to lower its benchmark interest rate is a bit like waiting for Godot: the arrival ...

The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...

Central-bank officials, who meet this week, are in a holding pattern as they wait to see what worsens first: inflation or the ...