As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
U.S. President Donald Trump on Thursday said he would demand that interest rates drop immediately, and that other countries should follow suit - marking his first broadside at Federal Reserve monetary ...
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
It even continued to sink after the Fed hiked the federal funds rate in December 2018, guessing correctly that rate ...
two days after the end of the Fed’s upcoming policy meeting, but analysts expect the monthly increase in core inflation may translate to an annual rate of less than 2%. Inflation “is getting ...
Such a policy could just about be read as consistent with also wanting to maintain the dollar as the pre-eminent reserve ...
After notching a new 5-month peak at the start of last week, 30-year refi rates have dropped every day since. Rates moved ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.