The Federal Reserve has a playbook for fighting inflation, and another for boosting the economy when unemployment is rising. But what would the central bank do if both happen at the same time?
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
Position your finances to grow, regardless of monetary policy and other external factors.
The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are ...
Even though the central bank held rates steady at the last few meetings, average annual percentage rates have eased. The ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The Fed meets eight times a year to assess the economy's health and set monetary policy, primarily through changes to the ...
The proposed rate hike aims to address dwindling federal funds and rising operational costs. If approved, the average residential customer's bill would increase by about $9 per month. A financial ...
The central bank's last rate cut was in December, lowering interest rates by 25 basis points — enough to shave a few dollars ...
CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...