The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

Mortgage rates rose for the seventh week in a row in the week ending Nov. 7 as markets digested Trump's victory and a Fed ...

The second interest rate cut in a row will impact consumer borrowing costs. Here’s what it means for your credit card, ...

On a recent podcast episode, money expert Suze Orman explained why now is a great time to invest in a certificate of deposit.

Following a larger-than-normal cut of 0.5 percentage points in September, the central bank’s rate-setting committee dropped its benchmark rate by another 0.25 percentage point last week. The Fed’s ...

Analysts attribute the recent rise in mortgage rates to strong economic data rather than Fed policy. While mortgage rates are linked to the 10-year Treasury yield, which many expected to fall with ...

In an unusual labor market report, the unemployment rate stayed steady while payroll figures took a nosedive in October. Read ...

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers ...

He explained that while rates may decrease ... Regardless of whether the federal funds rate changes, it’s a good time to evaluate your banking products and potentially make some savvy money ...

During a press conference on lower interest rates on Thursday, the chairman of the Federal Reserve confirmed that he would ...