I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward ...

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Here's what interest rate hikes have done over time. On a new $300,000 home mortgage, the monthly payment now is about $562 more than it would have been on a mortgage taken out January.

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...