Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Category: Interest Rates
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U.S. Economy Grew in Second Quarter as Tariffs Scrambled Data
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained weak.
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What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.
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Where Is the Economy Going? A ‘Monster Week’ of News Could Help Decide.
This week will bring a flood of economic data, as well as major policy decisions on trade and interest rates.
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Zillow Is Growing When the Housing Market Is Frozen
Through boom and bust, Jeremy Wacksman says people keep coming to the listings site to “gawk” and “dream.”
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Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
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Why Is the Fed Renovation So Expensive? Staff Cite Tariffs and Inflation.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
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The Fed Renovations Fueling Trump’s Anger at Jerome Powell
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.
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E.C.B. Pauses Rate-Cutting Campaign, as Trade Disputes Cloud Outlook
After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally uncertain.”