The Fed Holds Rates Steady So Don't Expect Changes to Your Credit Cards
By holding rates steady, the Fed acted as many experts predicted. In its press release, the central bank cited a stable unemployment rate, expanding economic activity and favorable labor market conditions. However, it also acknowledged inflation remains slightly elevated at 2.8% for the 12 months ending February 2025.
Mortgage rates have come down from their recent peak, but it could be a sign of overall economic weakness and a potential ...
President Trump doubled down on pressuring the Federal Reserve to lower interest rates, arguing that the costs of eggs, ...
The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are ...
The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could lower its forecast ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
While the Fed does not set mortgage rates, its decision has a direct impact on them. As of March 13, the latest data made ...
As the Bank holds interest rates, our cost of living correspondent Kevin Peachey is answering your questions live.
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
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