The Federal Reserve announced Wednesday it will leave interest rates unchanged. Trump has been pressuring Powell for a rate cut, arguing that maintaining a fed funds rate that is too high makes it ...
Correction: An earlier version of this included an error regarding how the prime rate is set. The prime rate is set by banks, not by the Federal Reserve, but it ...
All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...
The Federal Reserve made headlines again this week when it decided to keep its benchmark interest rate unchanged at a range of 4.25% to 4.5% during its July meeting. The decision to hold rates steady ...
Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may ...
The Federal Reserve kept rates unchanged at the end of its June meeting. The central bank's interest rate decision has far-reaching implications for almost all types of borrowing and for savings rates ...