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 ...
Tag: Interest Rates
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 ...
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
President Trump has put unleashing American energy production at the center of his economic agenda, saying that ramping up fossil ...
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a ...
S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns
The S&P 500 clambered back to a record high on Thursday, inching above a peak reached in early December, building ...
Japan hikes interest rates to 0.5%, highest since 2008, as core inflation accelerates to 3%
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Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time.Inflation and wage growth are mostly back ...
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