News

Fed, keep interest rates

It may be a while before card rates come down, but you can still take steps to lower your borrowing costs now.
Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic ...
The Fed’s 2026 projections range from 2.9% to 4.1% compared with the previous 2.4% to 3.9% range. Market expectations: Traders have placed low probabilities on the Fed cutting rates at the June or ...
A top Federal Reserve official said the steep cost of President Trump’s major policy bill caught the bond market off-guard, ...
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic ...
After holding rates between 5.25% and 5.5% between July 2023 and August 2024, the Fed implemented three rate cuts between September and December 2024, totaling one percentage point. The May ...
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is ...