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Rewards cards usually have high interest rates, so the only smart way to use one is as a convenience: Charge only what you can afford to pay off when the bill comes.

To cut, or not to cut? That question could divide Federal Reserve policymakers, who are seemingly split on whether the central bank should lower borrowing costs when it next meets in July. At ...

A couple of key mortgage rates moved down. Lower mortgage rates could bring positive news to the housing market in 2025.

Washington Insider Fed chair makes his case to Congress as to why interest rates are on hold Jerome Powell says he first needs to see the impact from President Donald Trump’s tariffs.

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs. Powell has often received a positive reception before ...

Fed governor Christopher Waller, vice chair Philip Jefferson, chair Jerome Powell, vice chair for supervision Michelle Bowman and governor Lisa Cook. Photo: Al Drago/Bloomberg via Getty Images Two ...

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and Israel-Iran ceasefire deal.

The Federal Reserve has voted to hold interest rates at their current level in a blow to US President Donald Trump's fiscal agenda. Earlier this afternoon, the central bank's Federal Open Market ...

The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.

Please try again later. High interest rates are not the answer to tackling sticky inflation, union leaders have warned, after a higher-than-expected reading for last month.