Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates steady at 4.25% to 4.5% on July 30. Trump has been insistent on a major cut ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Seven Aussie banks have slashed interest rates early in a race to beat rivals ahead of next week’s Reserve Bank decision, as ...

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

THOUSANDS of Barclays customers are set to face a major change to their savings account within days. The bank is slashing interest rates on its popular Rainy Day for the third time in less than ...

Australia’s big four banks were quick to announce they were passing on the rate cut in full, but keen observers could be ...

America’s largest companies aren’t making a slam-dunk case for the Federal Reserve to quickly slash interest rates.