Another pause in interest rate cuts is seen at the March meeting, but central bankers are in a tricky position.

JPMorgan says the firm and consensus look for no change in the Fed funds rate target of 4.25%-4.5% at the conclusion of next week’s FOMC ...

Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...

Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its ...

New Delhi: Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for 2024-25, sources said. In February 2024, the Employees ...

The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

Similarly, many investment professionals currently have their gaze fixed on the Federal Reserve to gauge the direction of the ...

Gift 5 articles to anyone you choose each month when you subscribe. By the middle of last year, the only two election outcomes being seriously contemplated were a Labor majority and a Labor ...

Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...

The interest rate the Fed charges borrowers from the discount window is called the discount rate. Since banks always have access to funds at the discount rate, it sets an upper limit for what ...

Pennsylvania Democratic Gov. Josh Shapiro announced Monday that $2.1 billion in federal funds had been unfrozen and restored to Pennsylvania, as Democratic governors rely on the courts to ...

ST. PAUL — Victim services across the state said Monday afternoon that federal funds from President Donald Trump’s administration are being cut, warning they may need to cut services ...