Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

Americans seeking to borrow money experienced increased headwinds in 2024 as applications for credit faced higher rejection rates.

The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a ...

NEW YORK (Reuters) -Rising income levels helped Americans manage their expanding debt loads during the third quarter, even as ...

When the Fed cuts rates, it doesn't usually do it all at once. Instead, it makes a series of rate cuts over time. The last two such series of rate cuts were in 2019-20 and 2007-08. The following ...

The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark ... tight than just before the pandemic in 2019. The labor market is not a source of ...

The incoming top Democrat on the Senate Banking Committee threw her support behind a 10% cap on credit card interest rates.

US consumers had a tougher time accessing credit this year, with applications for auto loans and mortgage refinancing being ...

Fed chair Jerome Powell is expected to face questions about the implications of Donald Trump's return to the White ...

The Fed lowered rates by a quarter of a percentage point ... new home sales remain on par with a pace similar to 2019, and even as existing home prices continue to climb, a focus on smaller ...

Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.