Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
After Trump proposed credit card interest rate cap last fall, senators introduce bill to follow through
Two senators have introduced a bill that aims to fulfill one of President Donald Trump’s campaign trail pledges, a cap on credit card interest rates.
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Fed Expected to Hold Rates Until Impact of Policies Is Felt
The Federal Reserve has gone from data-dependent to D.C.-dependent, WisdomTree’s Kevin Flanagan says.
Forbes6d
History of Savings Account Interest Rates
The Federal Reserve held the federal funds rate ... Rates One lesson you can glean from this quick history of savings account interest rates is that identifying the best yields can make a ...
Fed's Jefferson: Rates likely to fall over medium term
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...
Kugler Says Fed Should Keep Rates on Hold for ‘Some Time’
Federal Reserve Governor Adriana Kugler said it’s appropriate to keep the Fed’s benchmark interest rate where it is for some ...
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The Fed Just Paused Interest Rate Cuts. Here’s What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
AOL3d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The current federal funds target interest rate is 4.25% to 4.50% ... Mandate and the Balance of Risks, Federal Reserve. Accessed April 29, 2024. The History and Future of the Federal Reserve ...
Forbes6d
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
Historical data suggests that CD rates track the federal funds rate, which has held true during past recessions. Typically, the Federal Reserve will lower interest rates during a recession to spur ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?
Business Insider6d
Current Student Loan Interest Rates 2025: What You Need to Know
Student Loan Refinance Rates The cost of refinancing student loans has started to drop after Federal Reserve ... at your credit history and credit score to help determine the interest rate it ...