The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

From March 2022 to June 2023, the Fed dramatically increased the federal funds rate to reduce post-COVID-19 inflation. For the next year, the rate remained the same. Incidentally, rates were much ...

Caldwell estimates that the inflation rate will average around 1.5% between 2023 and 2025. "While consensus has largely given up on the 'transitory' story for inflation, we still think most of the ...