Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...

The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...

Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...

BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.

Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...

Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.