During a press briefing on Wednesday, Federal Reserve Chair Jerome Powell was asked about the weakening dollar.

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

Assuming inflation remains near 2%, interest rates will likely continue to trend lower. The FOMC projects a fed funds rate of just 3.4% by the end of 2025.

The 4.2% unemployment rate is projected to hold steady to end 2024, below the September forecast of 4.4%, the Fed’s median estimate shows. The rate is expected to close out 2025 at 4.3% ...

There was a some profit-taking on Bursa Malaysia, matching the mood on Wall Street ahead of a slew of big US tech earnings ...

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former vice president Zahid Iqbal Chaudhry has said that the persistently high interest rate remains one of the major impediments to ...

A HELOC interest rate will rise and fall as market conditions change. Getty Images If you need a six-figure sum of money right now, a credit card is likely a poor choice. Not only will qualifying ...

The dollar rose against the euro due to U.S. trade talk progress but fell against the yen, influenced by Japan's interest ...

But with the average mortgage interest rate around 6.50% right now - more than double what it was a few years ago - homebuyers may be looking for ways to get a rate even lower, and preferably ...

Let’s say, for example, that you owe $30,000 on a loan with an 11% interest rate on a 10-year term. If you’re able to refinance to a 7% rate, you’d save $7,791 on interest charges over 10 years.

What the rate hike means for you In general, an interest rate hike makes borrowing more expensive. So any purchase that requires a loan — for a home, car, or higher education — could be affected.