News

Federal Reserve to face tough balancing act between fighting inflation and lifting growth
The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President ...
The Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your borrowing costs
From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted ...
What To Expect From Wednesday's Federal Reserve Meeting
The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.
US Treasury dealers recommend ending federal debt ceiling
The U.S. Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt ...
As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs
A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data ...
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Federal Reserve says consumer distress is at a 12-year high and credit cards are the canary in the coal mine
It's no surprise Americans are struggling with debt, given pandemic and post-pandemic inflation. The Federal Reserve aims to hold inflation at around 2% annually, but it hit 4.7% in 2021 ...
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Here is how to know exactly when the Federal Reserve will start printing
The Federal Reserve could be forced to start cutting ... That kind of run doesn’t happen without real fear. From a chart analysis point of view, this isn’t a slow buildup.
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Fed Chair Powell: Cutting discretionary federal spending will not fix US debt problem
April 16 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reiterated the long-held view of Fed chairs going back decades that growth in the U.S. federal debt needs to be reined in, but ...