interest rates

Watch Fed Chair Jerome Powell speak live to Senate banking panel

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Watch Fed Chair Powell speak live on rate hikes and more to a House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’

Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…

One TikTok at a time: How Kyla Scanlon is making finance fun

She’s considered an influencer who uses TikTok, Instagram and YouTube to make financial education fun for young audiences. Kyla Scanlon,…

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…

Fed holds off on rate hike, but says two more are coming later this year

WASHINGTON —  The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…

Inflation rose at a 4% annual rate in May, the lowest in 2 years

The inflation rate cooled in May to its lowest annual rate in more than two years, likely taking pressure off…

Inflation report Tuesday will be critical for the direction of Fed policy

Inflation data from May will show that the price increases that have been bedeviling consumers for the past two years…

Inflation outlook hits two-year low in latest New York Fed survey

Consumers are growing more optimistic that inflation is on the way down, according to a New York Federal Reserve survey…