Economists have warned that Trump's tariffs will raise prices, something that will require interest rates to stay elevated.

THE peso nearly fell to the P57:$1 level and the stock market also retreated amid continued worries over the situation in the ...

Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.

The answer will come in the form of the "dot plot," a chart updated quarterly that shows each Fed official's prediction about ...

Stocks remained higher as Wednesday afternoon trading got under way, with investors focused on the possibility that the U.S. can avoid direct involvement in the Israel-Iran war. Meanwhile, Federal Res ...

The Federal Reserve is likely to continue waiting for more clarity on the effects of tariffs, taxes and other policies before ...

The ranks of America's millionaires swelled in 2024, with nearly 380,000 new members of the seven-figure club, the latest ...

The declines are welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.

On the sectoral front, nearly all Nifty indices opened in the red. Nifty IT declined by 0.34 per cent, Nifty Metal was down 0.10 per cent, and Nifty Auto slipped 0.08 per cent ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at ...

The Federal Reserve is set to release its latest decision on interest rates at 2 p.m. ET on Wednesday. The central bank is widely expected to keep rates steady, despite [heavy political pressure]( ...