Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

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

Americans caught a break when the Fed lowered interest rates to near zero in an emergency cut amid coronavirus concerns two years ago, but today borrowing is about to get more expensive.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert predictions on mortgage rates.

The Federal Reserve in last week’s policy meeting left interest rates unchanged at a 4.25%-4.50% range, and a repeat ...

If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

The December CPI report did not change the immediate-term probabilities of a January rate cut, which are effectively zero ... 0.25% Fed rate cut in June would be highly likely. While a near ...

Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster ... dovish narrative, coming near the Fed’s blackout period on public comments ...

The Federal Reserve’s key borrowing benchmark is currently in a target range of 4.25-4.5 percent, the highest since 2007. The Fed’s monetary policy has shifted significantly over the years ...

The Fed’s benchmark rate stands at about 4.6%. In an effort to tamp down sky-high inflation, the central bank began lifting rates rapidly — from near zero to a high of 5.33% — between March ...