Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

Federal Reserve officials are expressing mixed sentiment about whether to cut interest rates or hold them steady in the July ...

Today’s jobs report handed Federal Reserve Chair Jerome Powell exactly what he’s been asking for: time. With June payrolls rising by 147,000, unemployment edging down to 4.1%, and wage growth ...

Many Americans say President Donald Trump’s tariffs will make it harder for to manage or repay debt, a survey found. Experts ...

The Federal Reserve’s latest dot plot of interest-rate expectations shows a median projection of two rate cuts in 2025, ... More Fed Officials Now See One Rate Cut This Year. By.

It follows that credit card rates spiked again along with the central bank's string of 11 rate hikes starting in March 2022. Although the Fed cut its key borrowing rate benchmark three times in ...

In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage ...

It follows that credit card rates spiked again along with the central bank's string of 11 rate hikes starting in March 2022. Although the Fed cut its key borrowing rate benchmark three times in ...

Credit card rates stayed stable for years after the introduction of the Credit CARD Act, which passed in 2009, but shot up after the Fed started raising rates in 2015.

Credit card rates stayed stable for years after the introduction of the Credit CARD Act, which passed in 2009, but shot up after the Fed started raising rates in 2015.