Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...

In the third quarter, household debt soared by $147 billion, with increases across mortgages, credit cards, and auto loans.

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...

“As you see jobs numbers come in weaker than expected but not looking yet like recession ... for aggressive rate cuts in September are overdone.” The Fed kept its benchmark interest rate ...

Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...

The Fed cuts interest rates in an attempt to incentivize businesses ... an attempt to qualm fears surrounding the uncertainty of a recession. Lower interest could encourage Americans to continue ...

This can be caused by variables such as high interest rates. Changes in monetary policy influence the business cycle and its path, so when the Fed expects a recession or worsening conditions, it cuts ...

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...

San Francisco Fed president Mary Daly said Tuesday the Federal Reserve is "resolute" in its quest to achieve a soft landing, making it clear the central bank intends to do what it takes to avoid a ...

The Federal Reserve cut interest rates by a quarter of a percentage ... for achieving a "soft landing," in which the U.S. averts a recession while inflation returns to normal.

M&T Bank’s chief financial officer, Daryl Bible, said he is hopeful further interest rate cuts by the Federal Reserve will help the economy steer clear of a recession. “I am more optimistic th ...

The move comes two months after the Fed cut its benchmark interest rate a half of a percentage point, dialing back its yearslong fight against inflation and delivering relief for borrowers saddled ...