Federal Reserve

Minneapolis Fed President Neel Kashkari wrote that he sees a 40% chance the Fed will need to raise interest rates "meaningfully higher" to achieve its target rate for inflation.

Consumer confidence fell in September for the second month in a row while Americans fears rose that the U.S. could potentially be headed into a recession.

JPMorgan Chase CEO Jamie Dimon recently weighed in on the path US interest rates could take in the future, saying they "may go up more," according to The Times of India.

Sales of new U.S. homes fell more than expected in August as mortgage rates shot back above 7%, locking many would-be homebuyers out of the housing market.

U.S. home prices continued to march higher in July, according to new S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.

The Federal Reserve has signaled that high interest rates are here to stay, meaning Americans will face more expensive borrowing costs for years to come.

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy

Americans are holding over $1 trillion in credit card debt, yet many are not quite sure what the monthly interest charge is, costing some spenders hundreds of extra dollars each month in addition to the monthly payment.

Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.

The average 30-year fixed-rate mortgage increased to 7.19% for the week ending Sept. 21, according to Freddie Mac's latest Primary Mortgage Market Survey.

High-yield savings accounts are offering attractive returns to some savers with the Federal Reserve holding interest rates at the highest level since 2001.

BlackRock's Rick Rieder told FOX Business' Liz Claman he sees the Fed raising interest rates one more time before holding steady and then cutting rates in the second half of 2024.

The Federal Reserve held interest rates steady on Wednesday for the second time this year, but the pause is unlikely to help Americans saddled with debt.

The Federal Reserve decided to pass on raising interest rates again in its latest meeting, but borrowers are still feeling pain. Here's what they can expect to pay.

The Federal Reserve paused its interest-rate hike campaign on Wednesday for the second time this year amid signs that inflation is continuing to moderate.

The Federal Reserve is expected to hold interest rates steady on Wednesday, but the decision may have minimal impact on bringing down high mortgage rates.

The Federal Reserve left interest rates unchanged for the first time in months, but mortgage rates are unlikely to fall despite the long-awaited pause.

Sentiment among U.S. homebuilders unexpectedly fell into negative territory in September as high mortgage rates weighed on consumer demand for new homes.

Economists expect the Federal Reserved to pencil in another interest rate hike this year, and hold rates at peak levels longer than previously projected.