Policymakers are instead doubling down on their commitment to keeping inflation and Americans’ expectations for price growth ...

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...

Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...

Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield ...

The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.

Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an ...

These are today's mortgage and refinance rates. Mortgage rates remain elevated even after Trump paused some tariffs.

These are today's mortgage and refinance rates. Mortgage rates are up dramatically this week thanks to uncertainty around ...

Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.