From mortgage rates and auto loans to credit cards and savings accounts, here's a look at how the January Fed decision could ...
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.
Fed holds rates at 3.5%–3.75%, keeping mortgages high, credit cards costly, and signaling patience before any further cuts.
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...
The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...
The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
By Manya Saini Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit ...
As the Federal Reserve decides its federal funds rate, here’s how it ripples through the economy and influences your finances.
When used to your advantage, credit cards offer a convenient and flexible way to borrow money and manage your spending. But ...