Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...

34% have a savings account with an interest rate of ... based on data from the Federal Reserve, given that the average household spends $6,081 but the median balance across transaction accounts ...

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic ...

The Federal Reserve also tracks U.S. consumers’ average credit card interest rates. As of November 2024, it reported that the average credit card interest rate on accounts with balances ...

The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...

The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...