Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.

The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.

How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

During a virtual address to the World Economic Forum, President Donald Trump called on the Federal Reserve to lower interest ...

The Bank of Canada reduced its benchmark interest rate by 0.25 percentage points and removed guidance on future rate ...

Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...

WASHINGTON >> The Federal Reserve held interest rates steady today and gave little insight into when further reductions in borrowing costs may take place in an economy where inflation remains above ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

The new year started off with some great news as the Monetary Policy Committee (MPC) announced today that interest rates will drop by 0.25% ... to have a positive impact on the local property ...

Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Investors echo this view, betting on one cut by the Fed’s ...

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...