Officials are deeply worried that the incoming president's policies on immigration and trade will cause inflation to rise.
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
The Federal Reserve Board cut interest rates by half a point in a surprise announcement Tuesday, March 3, in an attempt to combat the "evolving risks to economic activity" caused by the ...
In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But it seems investors had already priced in ...
As the greenback moved upward, European currencies found themselves at multi-year lows. The euro fell 0.4% to $1.0199 by ...
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But investors, it seems, had already priced ...
U.S. markets fell on the release of December’s blockbuster jobs report. But in times of lower inflation, more jobs can be ...
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one ...
Wall Street strategist Tom Lee suggests Bitcoin (CRYPTO: BTC) could retreat significantly from recent highs, potentially ...
Key US equity benchmarks slid on Monday as major tech stocks continued their fall, while bond yields continue to rise.