Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty ...

It’s often a better deal for consumers to pick a long-term certificate of deposit and pay an early withdrawal penalty than ...

The short-term prime is used to calculate interest rates on floating-rate housing loans, which are used by some 70 pct of housing loan borrowers.

After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...

The Fed cut short-term interest rates three times last year, including a jumbo half-point discount to kick off the lower-rate season in September. With the last quarter-point reduction in December ...

The Federal Reserve left interest rates unchanged Wednesday ... The Fed’s benchmark short-term rate, which trickles through the financial system to influence what millions of consumers and ...

WASHINGTON – The Federal Reserve paused its interest ... or bring rates back to normal as inflation moderates. Wednesday’s decision to hold the Fed’s benchmark short-term rate steady comes ...

Even as short-term interest rates have been falling, long term rates in the bond market have been going up, an unusual divergence that could reflect worries about the deficit or diminishing ...

which has pushed down the federal funds rate — the rate banks charge each other for short-term loans — by one percentage point. The pause, the Fed's first rate decision since President Trump ...

Mortgage rates don't directly follow the Fed's benchmark short-term interest rate. Instead, they tend to move in tandem with the yield on the 10-year Treasury note, which rises when investors see ...

Saving money can be a challenge in an economy with persistent inflation. After all, if your money doesn't earn a return that's at least equal to inflation, it will lose buying power. But, a ...

Photo / Alex Burton Bank switching surged in December, as mortgage holders shopped around at a record rate for cheaper debt. Just over $2 billion of mortgage debt changed hands between lenders ...