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 ...

The Federal Reserve's jumbo-sized rate cut in September came too late to have much of an effect on banks' third-quarter ...

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

Financial markets reflected heavy bets the Fed would deliver a quarter-point rate cut at next month's policy meeting and at ...

Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed ...

Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very ...

Fed policymaker projections published last month suggest most see one or two quarter-point rate cuts at the remaining two Fed ...