The Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.
Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation
You'll likely pay more to borrow until at least 2025, but now may be the time to lock in higher savings rates.
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything from car loans to mortgages.
The Fed once again holds interest rates steady — with cuts expected later this year
The Federal Reserve announced interest rates will remain unchanged, staying in line with Powell's remarks that more data is needed before any cuts.
When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again
The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted inflation data evaporated hopes for a sizable pivot in monetary policy this year.
What Will It Take for the Fed to Lower Rates?
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.
Federal Reserve says interest rates will stay at 2-decade high until inflation further cools
WASHINGTON—The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2 percent target.
The Indianapolis Star5d
Fed likely to hint interest rates will stay higher for longer. But how high for how long?
inflation and rates. But Fed Chair Jerome Powell could provide clues on where he thinks interest rates are headed.
Fed’s Bowman says she’s still willing to raise rates
I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on ...
Mortgage Interest Rates Today, May 4, 2024 | Rates Drop as the Job Market Cools
These are today's mortgage and refinance rates. Mortgage rates have gone down slightly this week in response to ...
Fed leaves interest rates unchanged, signals worries in inflation fight
The Federal Reserve left interest rates unchanged Wednesday, as officials reckon with increasing evidence that their fight ...
The Fed announced a big change today. And no, we’re not talking about interest rates
Wednesday’s Federal Reserve policy decision was fairly boring for investors — officials kept interest rates the same, just as ...
US employers scaled back hiring in April. How that could let the Fed cut interest rates
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently ...
USA Today4d
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
Although the economy has been remarkably resilient despite high prices and interest rates, Fed policymakers seemed intent on paring back rates as price gains slowed. Otherwise, high rates ...
Interest rates could be high for much longer. Here's what it means for your finances
The prospect of high interest rates for a longer period of time could exacerbate the financial pain already imposed by ...