Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity ...
The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations ...
Federal Reserve Chair Jerome Powell says crushing inflation is the most important thing the Fed can do to reduce costs in the ...
Inflation had come in uncomfortably high in the first three months of this year, dimming the prospects of quick interest rate ...