Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The situation gets even more complicated when considering the other activities the Fed undertakes, especially during times of crisis, that ...
Tag: Interest Rates
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus ...
Can the Federal Reserve Look Past Trump’s Tariffs?
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues ...
Which Interest Rate Should You Care About?
Watch out for interest rates.Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not ...
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest ...
Britain’s Economy Squeezes Out 0.1% Growth
The British economy eked out growth at the end of last year, data published on Thursday showed, slightly easing the ...
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell, chair of the Federal Reserve, signaled little urgency to lower interest rates with the economy sturdy and ...
How to Pay Off Credit Card Debt
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money ...
Job Market Gives Fed Cover to Extend Interest Rate Pause
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No ...
Jobs Report Live Updates: Labor Market Expected to Be Strong
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No ...
Bank of England Cuts Interest Rates as British Economy Weakens
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of ...
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Two senators plan to introduce a bill on Tuesday to impose a tight cap on credit card interest rates, reviving ...
Fed Official Pushes Back on Pre-emptive Policy Moves
Federal Reserve officials wrapped up their final meeting of 2024 with splits surfacing over how many more interest rate cuts ...
Why Banks May Be Hoping You’re Not Paying Attention
The median American household has a combined balance of $10,000 in its checking and savings accounts, according to a census ...
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data ...
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy ...
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered ...
Fed Meeting Live Updates: Interest Rates Remain Steady
The Federal Reserve left interest rates unchanged on Wednesday, as the central bank turned cautious on further cuts amid a ...
Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of mortgages and car loans. It ...
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking ...
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