Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be ...

A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and ...

Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...

Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark ...

The stock market is facing three challenges that could make a sharp decline more likely in 2025, according to Goldman Sachs.

Swiss banks have lowered their profit expectations for the coming years due to falling interest rates and despite higher ...

Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as ...