News

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.
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 ...
Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Are worries about inflation caused by President Donald Trump’s tariffs on imported goods overblown? Federal Reserve governor ...
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 ...
Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%
Switzerland’s central bank says it has cut its target interest rate by a quarter of a percentage point, adding inflationary ...
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 ...
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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 ...
Real interest rates are going to be higher for a very long time, says Harvard's Kenneth Rogoff
Kenneth Rogoff, a Professor of Economics at Harvard University, says the Fed's independence is fragile and discusses the ...