Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
CD, Checking, and Savings Rates Today: Start Earning More Interest
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
Powell: The Fed Does Not Need to Hurry on Cutting Interest Rates
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President ...
Powell testimony live: Fed chair tells Senate bank is in ‘no hurry’ to cut interest rates
The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Increased interest income: A blessing and a curse
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
The RBA hasn't changed the cash rate for more than a year. Here's why
The figure that influences how high people's mortgage repayments are set has been 4.35 per cent since November 2023.
Stock market today: Wall Street holds firm following Trump's latest tariffs
Wall Street held relatively firm on Tuesday following President Donald Trump’s latest tariff escalation and after the Federal ...
Dollar Index pulls back as Powell in no hurry to lower rates; US inflation in focus
The US dollar index pulled back slightly below 108 mark on Wednesday morning, extending downside from previous session after Federal Reserve Chair Jerome Powell, in remarks before Congress said that ...
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...
Another major bank cuts mortgage rates: Will cheapest deals head back below 4%?
The high street bank has reduced mortgage rates for both home movers and those remortgaging, by up to 0.36 percentage points.