Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...
On Nov. 7, 2024, the Federal Reserve lowered interest rates by 0.25 percentage points in the second cut of the year, amid easing inflation. The cut lowers the federal funds rate — the rate at ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Find the best high-yield savings accounts and rates in Ohio. These special accounts feature attractive rates and flexible ...
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...