Some Federal Reserve officials want to keep interest rates unchanged “for some time” after making three rate cuts this year, minutes from the latest Fed meeting showed. These officials said that ...
Small Saving Scheme Interest Rate Update: The central government is expected to announce interest rates for small savings schemes in the final week of December. These rates will apply for the ...
WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...
Federal Reserve cuts its benchmark interest rate by 0.25 percentage points, bringing the federal-funds rate to 3.50 %–3.75 % — the lowest in nearly three years. The decision, made amid internal ...
Home equity borrowing rates have been on the decline over the last 18 months. While home equity line of credit (HELOC) rates averaged 9.18% last June, the same rates now sit just below 8%, according ...
The Federal Reserve lowered its benchmark interest rate by a quarter percentage point Wednesday, in an effort to support a weakening job market. But stubborn inflation and delayed economic data ...
Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...
Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...
The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...
The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The ...
For a number of Asia’s emerging-market currencies, the widely expected Federal Reserve interest-rate cut in December may come just in time. Fed easing would help India’s central bank by reducing ...
HARRISBURG — The Pennsylvania Public Utility Commission will hold six hearings in December to gather public input on PPL Electric Utilities’ proposed rate change. PPL’s proposed rate hike would ...