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

Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s ...

In mid-September, the Federal Reserve lowered its benchmark interest rate by half-a-percentage-point. And in the coming ...

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

The Federal Reserve's jumbo-sized rate cut in September came too late to have much of an effect on banks' third-quarter ...

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 ...

San Francisco Federal Reserve Bank President Mary Daly on Wednesday said she "fully" supported the U.S. central bank's ...