Last fiscal year, the interest expense on U.S. debt was $950 billion, up 35% from the prior due mostly to higher rates.

In mid-September, the Federal Reserve lowered its benchmark interest rate by half-a-percentage-point. And in the coming ...

JPMorgan Chase CEO Jamie Dimon has downplayed the Fed's recent interest rate cut. In reality, rate cuts have the potential to ...

The Federal Reserve began cutting interest rates in September 2024, and Fed leadership communicated that more cuts would be ...

The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday ...

The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts ...

Courtney Garcia, Senior Wealth Advisor at Payne Capital Management, discusses the impact of interest rates on the market, ...

Loretta Mester, Former Cleveland Fed President, joins 'Closing Bell' to discuss her Fed outlook and getting to the neutral ...

Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light for more ...

Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less ...

In the eurozone, the European Central Bank appeared to be ahead of the Federal Reserve when it began cutting interest rates ...

With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.