The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
If you have a lot of home equity, another option is to take out a home equity line of credit to pay off your high-interest debt. Rates on HELOCs averaged 8.37% in October, according to Bankrate ...
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged on loans and the ...
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...