The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the ...

Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...

Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...

Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...

The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the economy is expanding at “a solid ...

The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that ...

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the ...

The Federal Reserve is taking a break from a rapid stretch of rate hikes as it approaches a critical crossroads in its battle with inflation. The Fed’s rate-setting committee announced Wednesday ...

The rate is so far above the bank’s 2% goal that rate hikes are expected to continue into next year. Britain’s inflation also eased from a 41-year record of 11.1% in October to a still-high 10 ...

Fed raises rates by half a percentage point in last 2022 hike. The central bank signaled it would keep raising interest rates next year, though it’s slowing the pace of its increases ...

Already, credit card rates have jumped in response to the Fed's rate hikes throughout 2022, with the average credit card rate reaching 22.21% in October, according to LendingTree data.