RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...

Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

The Fed wants to get inflation under control while preventing a recession: a difficult-to-achieve task known as a soft ...

The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.

Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...

Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...

Investors are betting that Donald Trump's potential policies in his second term serving as U.S. president will spur growth ...

This suggests that the Fed is more independent in setting interest rates than the claim made by cynics who insist that the U.S. central bank plays politics in the months leading up to Election Day. I ...

The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6 ...

The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...