President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...

The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by ...

Interest rate forecast 2026. Economists anticipate interest rates will drift lower at a slower pace in 2026. The FOMC projects fed funds rates of 2.9% at year-end 2026 and 2027.

For more than two years, we've heard a steady drumbeat of news highlighting inflation and its impact on interest rates. The correlation seems clear, but the issue is actually more complex.

Savers struggle to keep up with inflation. Let’s say you park $1,000 in a savings account at an interest rate of 0.61%, which is today's national average, according to Bankrate.. Over the next ...

But with the average mortgage interest rate around 6.50% right now - more than double what it was a few years ago - homebuyers may be looking for ways to get a rate even lower, and preferably ...

Not all interest rates work the same. Your choice among these two main types come down to how you save and how you borrow. Here's what to know about fixed and variable rates.

The Fed’s rate-setting committee lowered the federal funds rate Wednesday from 5.25% to 5.5% down to 4.75% to 5%, a 50 basis point reduction that sat on the high end of consensus estimates.