Key Takeaways While the Fed doesn't directly set interest rates on auto loans, it does affect lenders' borrowing costs. When…
The Federal Reserve said on Wednesday it kept interest rates unchanged and plans to cut rates just once in 2024…
The Federal Reserve influences mortgage rates, but doesn’t set them. At its June 12, 2024, meeting, the central bank kept…
The central bank now expects one rate cut in 2024, down from its forecast of three cuts in March.High borrowing…
Rising interest rates affect nearly every aspect of the economy, from the price of eggs to mortgage payments. The Federal…
In this article Caret Down Caret Up Hotter-than-expected inflation at the start of 2024 is leading Federal Reserve officials to…
Inflation is still well above plan, meaning the Federal Reserve is keeping policy on hold. The Fed had expected to…
Federal Reserve Chairman Jerome Powell and his colleagues voted on Wednesday to keep interest rates steady in an effort to…
When the Federal Reserve changes interest rates, consumers feel the ripple effects in a variety of ways. For depositors, banks…
The Federal Reserve announced that it would keep interest rates steady and the target range for the federal funds rate…