Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...

U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government ...

The dollar index (DXY00) today is up by +0.07%, and posted a new 2.5-week high. The dollar moved higher due to a slump in stocks, which boosted some liquidity demand for the dollar. Also, President ...

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are ...

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.

Discover what interest is, including how it's calculated, its impact on loans and savings accounts. We'll also explain how to navigate current interest rates.

June 24 (Reuters) - U.S. President Donald Trump said on Tuesday that interest rates in the country should be lowered by at least two to three percentage points, ahead of Federal Reserve Chair Jerome ...

The Federal Reserve once again opted to hold interest rates steady at its June meeting, marking the fourth consecutive time that it has done so. The central bank's overnight borrowing rate sits at ...

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced the target for its key lending rate by 0.5 ...

Discover what interest is, including how it's calculated, its impact on loans and savings accounts. We'll also explain how to navigate current interest rates.

Also, the strain of high interest rates is still weighing on the economy, and consumers look overstretched, given low saving rates. The Fed will need to cut much more to offset these headwinds.

"We should be at least two to three points lower...if things later change to the negative, increase the Rate," Trump said in a Truth Social post. Powell "will be in Congress today in order to ...