Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
It is likely to hold rates steady until it sees more progress on lowering inflation as it awaits more details on Trump plans.
The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates At 10% ...
Is it possible to find savings accounts with interest rates of 4% or more? See which banks currently offer 4% interest ...
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