It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...
Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The base rate helps dictate how expensive it is to take out a mortgage or a loan, as well as influencing the interest rates ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Even though interest rates are higher than they were a few years ago, both new homebuyers and current homeowners looking to refinance can secure a good rate today. Plus, borrowers may soon see ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
Trump said he'd require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...