News

Interest rates are lower when there's a greater supply of money so borrowing becomes cheaper. However, interest rates are higher when the money supply is tighter, making debt more expensive to hold.
There's one slight downside to the asset cap removal for Wells Fargo: A scandal that likely slipped from most people's memories is now back in the news cycle.
Data as of March 31, 2025. Consumer spending comprises just under 70% of US GDP. As the largest component of the economy, it is one of the biggest determinants of the country’s economic health.
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal ...
Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but ...
Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's ...
The last time the Fed cut rates was in December 2024, when it trimmed rates by 0.25 percentage points, explains CBS News financial correspondent Jill Schlesinger.
The Reserve Bank is likely to move carefully. While inflation pressures have eased, the board wants to be sure prices stay ...
Explore the 7 key reasons why home prices are likely to rise when interest rates fall. Understand the economic factors and ...
After a flurry of cuts in late 2024, the Fed has paused so far in 2025. CNBC Select looks at when interest rates could drop again and what that means for the economy.
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...