Last fiscal year, the interest expense on U.S. debt was $950 billion, up 35% from the prior due mostly to higher rates.

JPMorgan Chase CEO Jamie Dimon has downplayed the Fed's recent interest rate cut. In reality, rate cuts have the potential to ...

But if you're hoping the Fed's rate cuts will lead to cheaper groceries and gas, you may need to reset some expectations. In ...

The Federal Reserve began cutting interest rates in September 2024, and Fed leadership communicated that more cuts would be ...

The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday ...

The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts ...

By Ann Saphir and Michael S. Derby (Reuters) -Slowly cooling inflation and a U.S. job market that remains strong but at risk ...

But the Fed's recent rate cut, and any future rate cuts that come down the pike in the next year, should not influence your ...

Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on ...

The Fed's recent rate cut is big news for the economy, but can it help you get a cheaper mortgage? Find out if now is a good ...

Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very ...

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...