President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers. In fact ...

The president’s about-face on the central bank chief, following advice from his treasury and commerce secretaries, sent ...

CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...

U.S. stocks tumbled in early trading on Monday as President Donald Trump escalated his criticism of the Federal Reserve, urging the central bank to immediately lower interest rates and questioning the ...

Investors are unnerved as President Trump's criticism of Federal Reserve Chair Jerome Powell raises concerns about central ...

The developments are occurring against a backdrop of wider turmoil in the economy and financial markets, brought on by ...

Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

Washington, DC, May 4, 2023-"Federal Reserve officials signaled they might be done raising interest rates for ... inflation to continue raising rates. The Fed’s next meeting is June 13-14.