Fed officials also plan to accelerate the central bank's tapering of bond purchases as they adjust their economic outlook on high inflation. (iStock) The Federal Reserve will speed up tapering of its ...

To reduce persistently high inflation, the Federal Reserve announced a third consecutive "jumbo" interest hike of 0.75% Wednesday, further increasing the cost of debt for credit cards, vehicle ...

The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled. That means ...

(The Hill) — Americans with credit card debt are caught in the crossfire of the Federal Reserve’s battle to bring down inflation. The average annual percentage rate (APR) for credit cards hit 22.39 ...

Lending Perspective The Federal Reserve’s decisions to lower its federal funds rate by a quarter-point in September, then ...

LONDON, May 12 (Reuters) - The eurodollar futures market , which tracks short-term U.S. interest rate expectations over the next few years, is betting on a roughly 80% chance of a rate increase from ...

Explore how a pre-Christmas Fed rate cut could ripple through markets, influence home loans, impact the dollar and shape ...

WASHINGTON, March 25 (Reuters) - The U.S. still has a long battle to wage in its jobs recovery but could return to full employment next year with the Federal Reserve possibly raising interest rates in ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal ...