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

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

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

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

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

Financial markets reflected heavy bets the Fed would deliver a quarter-point rate cut at next month's policy meeting and at ...

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 ...

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

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

A warmer-than-expected inflation reading released Thursday offers new ammunition for Federal Reserve hawks who are arguing for a gradual pace of interest rate cuts.