Fed's Jefferson says Fed can take time on next interest rate decision
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
CNN on MSN13d
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...
The Independent on MSN1d
Inflation jumps to 10-month high, knocking chance of early interest rate cut
Economists have predicted that interest rates will come down further from their current 4.5% level, but that there could be a ...
S&P 500 ends down as hot US inflation data hints at fewer rate cuts
U.S. consumer prices increased in January by the most in nearly a year and a half. The surge offered a cautionary note to ...
Business Insider1d
Best High-Yield Savings Accounts for February 2025
The highest interest rate on a savings account isn't offered ... The average savings account in the United States offers 0.41% APY, but good accounts tend to pay between 3.75% to 5% APY.