Interest rates aren't likely to budge anytime soon. You can blame tariffs. At its May 6-7 meeting, the Fed is expected to ...

Rather, the Federal Reserve increases the federal funds rate to combat inflation. And because interest rates ... When the prime rate goes up, you can expect CD rates to rise.

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...

High interest rates have offset any concrete wins from stabilizing vehicle prices. Inflation and its impacts are likely not going away anytime soon. That means high car loan interest rates will ...

President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...

The Federal Reserve is holding interest rates steady as it navigates uncertainty ... of a rare feat — wrestling down a historic run-up of inflation without triggering mass layoffs, known ...

Federal Reserve keeps interest rate steady ... said the Fed should cut rates. They argue that inflation has steadily cooled and high borrowing costs are no longer needed to restrain price increases.

Saving money can be a challenge in an economy with persistent inflation ... balances up to $250,000. There's a big difference between national average savings rates and the top interest rates ...

The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...