Federal Reserve chief Jerome Powell said a reduction in U.S. interest rates is “on the table” in September if inflation slows further like it has in the past several months. “The question will be ...

The Federal Reserve left its benchmark interest rate unchanged at a two-decade high but suggested that recent progress in lowering inflation could enable it to cut interest rates soon. Jeanna Smialek ...

With inflation easing and the job market cooling, most experts predict at least one rate cut is on the horizon. Tiffany Wendeln Connors was a senior editor for CNET Money with a focus on credit cards.

As we enter 2024, the financial landscape continues to be shaped by high-interest rates, a scenario that could significantly impact various sectors of the economy. Read on to find out which sectors ...