Traders and economists see increased chances of cuts ahead but Federal Reserve Chair Jerome Powell said central bankers will ...

U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and ...

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday.

Just ahead of Powell's speech, President Donald Trump again called for the Fed to cut interest rates. “This would be a ...

Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...

President Trump urged the Federal Reserve to cut interest rates and ripped the head of the independent central bank as new ...

OK. In our quest for good news in the stock market… oops, never mind. Pre-market futures had been for another steep drop down, but when monthly jobs numbers came out, these improved to only “really ...

The average annual percentage yield for a 12-month CD dropped two basis points this month to 1.78%, according to the FDIC.

Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4 ...

Traders on Friday bet the Federal Reserve will wait until June to start cutting interest rates after a government report ...

Today's best certificates of deposit (CDs) have APYs of up to 4.65%. Lock one in today while rates are still high.

Data shows markets are pricing in four rate cuts in 2025 — 0.25 bps each in June, July, September and December. Rate cuts ...