Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President ...

A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.

Inflation closing to 2% long-term goal, though it remains somewhat elevated, Jerome Powell tells US Senate committee - ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Analysts revised their expectations for 2025 and 2026 to include higher mortgage rates, delivering bad news to aspiring homebuyers.

After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...

U.S. stocks are drifting Tuesday following President Donald Trump’s latest tariff escalation and after the head of the ...

RABO.UL] on Tuesday reported a record net profit of 5.16 billion euros ($5.34 billion) for 2024, up 18% from 4.38 billion euros in 2023, helped by higher interest rates in the U.S. and Europe, higher ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Hundreds of CRE’s top finance professionals gathered in San Diego to assess the economy and state of the lending marketplace.

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.