Last fiscal year, the interest expense on U.S. debt was $950 billion, up 35% from the prior due mostly to higher rates.

In mid-September, the Federal Reserve lowered its benchmark interest rate by half-a-percentage-point. And in the coming ...

The Federal Reserve began cutting interest rates in September 2024, and Fed leadership communicated that more cuts would be ...

The Federal Reserve's jumbo-sized rate cut in September came too late to have much of an effect on banks' third-quarter ...

The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday ...

The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts ...

German inflation drop fuels ECB rate cut bets, driving DAX gains. Investors eye ECB and Fed policy shifts for future market ...

According to the CME Group's FedWatch Tool, the markets are currently pricing in over a 90% chance that the Fed will lower borrowing costs by 25 basis points in November. The yield on the benchmark 10 ...

But the Fed's recent rate cut, and any future rate cuts that come down the pike in the next year, should not influence your ...

Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on ...

Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed ...

Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very ...