News

Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Interest rates held at 4.25% but Bank of England hints at future cuts
Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...
Summer slump likely ahead for consumers who would like to see Fed cut interest rates
Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut ...
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The Fed's Interest Rate Decision Is Good News for Your Savings: Here's Why
This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like ...
Interest rates unlikely to change and Sabrina Carpenter album sparks debate: Morning Rundown
Plus, Donald Trump called on Iran to surrender unconditionally, and Israel stepped up its attacks on Iran's uranium ...
Bank of England says world is 'highly unpredictable' as it keeps interest rate at 2-year low
The Bank of England has kept its main interest rate at the two-year low of 4.25% as fears grow that the conflict between ...
Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%
Switzerland’s central bank says it has cut its target interest rate by a quarter of a percentage point, adding inflationary ...
Real interest rates are going to be higher for a very long time, says Harvard's Kenneth Rogoff
Kenneth Rogoff, a Professor of Economics at Harvard University, says the Fed's independence is fragile and discusses the ...