News

New research from the Federal Reserve Banks of New York and San Francisco finds there is nearly a one-in-ten chance that ...
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Afsaneh Beschloss, Rock Creek Group CEO and founder, says with the new tariffs announced by President Donald Trump, ...
The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a ...
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike again. $3,500 iPhone possible?
At the close of a two-day meeting that starts Tuesday, the Fed was expected to keep its key short-term interest rate unchanged at a 23-year high of 5.25% to 5.5%.
When the Federal Reserve hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up.
The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.