interest rates

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in the City of London, on May 8, 2025. Carlos Jasso | Afp | Getty ImagesBank of England Governor Andrew…

When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans quickly followed suit. Even though the central bank lowered its benchmark rate three times in 2024, those consumer rates are still elevated, and are…

On the heels of a stronger-than-expected jobs report and elevated inflation readings, the Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting this week — despite pressure from President Donald…

Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025.Jamie Kelter Davis | Bloomberg | Getty ImagesPresident Donald Trump on Monday ratcheted up…

U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.Craig Hudson | Evelyn Hockstein | ReutersNow that President Donald Trump has set out his landmark tariff plans, the Federal Reserve finds itself in a potential…

U.S. President Donald Trump's tariff policies are making the path ahead for European Central Bank interest rates "more complicated," according to Pierre Wunsch, member of the ECB's Governing Council."We were going in the right direction.…

Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook.Speaking two days after he and his colleagues again voted to keep short-term rates…

Tourists take photos of early blooming Sakura trees in front of a convenience store in Tokyo. Early blooming Sakura trees in Tokyo, particularly varieties like Kawazu-zakura, typically start flowering in late February to early March,…

The Federal Reserve Building in Washington, D.C.Joshua Roberts | ReutersThe Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump's tariff policies weigh on economic growth.Although…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating trade war threatens to cause…