Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% ...

Mateus Fernandes has had enough of the 2024/25 football season, and it sounds like he’s also had enough of the game as a ...

he Fed was widely expected to keep interest rates where they have been since last September, with a Fed funds rate upper bound of 4.5 percent, and that is precisely what happened.

I can’t even put their pool up because of this issue,” Locke said. Richard Strubel has been there for 15 years, and he’s lost a lot over the years due to the constant flooding.

Fed Gov. Christopher Waller said he thinks the central bank should cut rates next month. Trump has demanded lower borrowing costs in 2025.

Richmond Federal Reserve President Thomas Barkin said on Friday there's no rush to cut interest rates given the still-unresolved risk that new import taxes might raise inflation, and with the U.S ...

Credit card rates stayed stable for years after the introduction of the Credit CARD Act, which passed in 2009, but shot up after the Fed started raising rates in 2015. In the decade since, APRs ...

The Fed held interest rates steady, but some credit card APRs keep going up. Here's why By Jessica Dickler, CNBC • Published June 20, 2025 • Updated on June 20, 2025 at 12:29 pm ...

"The reality is you could drop the fed funds rate by two full basis points and all you are doing is lowering your interest rate from 22% to 20%," Wise said — "that's not a material difference." ...

Although the Fed cut its key borrowing rate benchmark three times in 2024 and has held its benchmark steady since December, banks continued to raise credit card interest rates to record levels ...