The average credit card interest rate reached 21.5% in May, the highest level since the Fed began tracking the data in 1994, ...

A top Federal Reserve official said the central bank was now “well positioned” to pull off a soft landing for the US economy, as he signalled support for a slower pace of cuts after September's big ...

The U.S. Federal Reserve should cut interest rates over time, Federal Reserve Bank of New York President John Williams told ...

Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy ...

The Federal Reserve cut the interest rate by 50 basis points – and the market RAISED its rates by the same amount. The Fed ...

Federal Reserve Bank of St. Louis President Alberto Musalem said he supported the US central bank’s decision last month to ...

Consumer credit overall increased, while revolving debt — that’s mostly on credit cards — was down 1.2%, according to the ...

Netspend analyzed Federal Reserve Bank of New York data to illustrate how different generations handle debt payments amid ...

The average rate on a 30-year mortgage is down from 7.22% in May, its 2024 peak. Rates have been mostly declining since July ...

U.S. stock indexes closed lower on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve ...

Getting your Trinity Audio player ready... Recently the Federal Reserve (the Fed) made headlines by reducing its interest ...

Investors were once again resetting on Monday after last week's strong jobs report upended the market's predictions about how ...