The U.S. Federal Reserve cut interest rates three times in 2025, which followed three cuts in 2024. Inflation remains elevated, which would normally prevent further reductions, but the soaring ...

Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively ...

Fed rate cuts could ease credit card and deposit rates, but auto loans and mortgages may stay high due to risk and long-term inflation expectations.

On Sept. 17, the Federal Reserve decided, for the first time in nine months, to cut interest rates. The central bank decided to cut rates by 25 basis points, which in many respects is a positive thing ...

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...

Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.

Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their role in investments and economic trends.

GDP expanded at a 3% annual rate in the second quarter, the Bureau of Economic Analysis said Wednesday in a preliminary reading that shows the economy bounced back after a contraction in the first ...

Rising concerns over a possible recession have prompted many Americans to question how such an economic downturn could reshape the U.S. housing market. A new Realtor.com report found that nearly 30 ...

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...