Powell testimony live: Fed chair tells Senate bank is in ‘no hurry’ to cut interest rates
The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry to adjust our policy stance.”
Bigger rate cut was needed to 'cut through noise'
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
The national average savings account interest rate is 0.41% as of February 10, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is ...
Is it possible to find savings accounts with interest rates of 4% or more? See which banks currently offer 4% interest ...
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