Browsing: rate

Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he thinks the central bank’s benchmark interest…

Starting Nov. 1, 2025, the rewards rate on the Alliant Cashback Visa® Signature Credit Card is dropping to 1.5% cash back on all purchases. That number…

The Federal Reserve is widely expected to lower its benchmark rate when it meets this week, despite the latest hotter-than-expected inflation data.The market is now pricing in…

Minneapolis Federal Reserve President Neel Kashkari said Friday that he expects President Donald Trump’s tariffs to exert minimum long-term pressure on inflation, leaving room for multiple…

U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee’s statement on…

Key insight: The Federal Reserve’s move to cut rates was bolstered by growing concern over a softening labor market.Expert quote: “Almost everyone wrote down support for…

As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…

Key insight: Bank stocks rose Wednesday after the Fed announced plans to cut the federal funds interest rate by one-quarter of a percentage point.What’s at stake:…

Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, arrives for a Senate Banking, Housing,…

Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal Reserve meets this week with some…