BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate ...

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest ...

The Bank of Japan has decided to keep its interest rate unchanged after US Fed cut rates by 50 bps, and Hong Kong slashed ...

The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply ...

After today’s Fed Reserve rate cut, consumers should see a dip in debt payments with adjustable rates, like credit cards, ...

Rate cuts have finally arrived, and certain stocks stand to gain from the shift in monetary regime. Click here to learn more ...

The Bank of Japan maintained interest rates at 0.25% as inflation rose to 2.8%, signaling potential future hikes while crypto ...

An hour after the Federal Reserve’s historic announcement declaring that interest rates would be slashed by a half-percentage point on Wednesday, bitcoin jumped from $59,500 to $61,000. It is ...

Illinois generated $558 million in interest income during the last fiscal year, an over 50% increase from the year before.

Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel. The ...