The Latest Breaking News from Interest Rates

The federal funds rate can impact a host of borrowing costs, and thus the entire U.S. economy.

In 1937 the English economist Joan Robinson proposed that “when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear”. John Maynard Keynes, who had taught Robinson, suggested something similar a year earlier in slightly more qualified and technical…

The National Institute of Economic and Social Research says the economy will avoid a recession

The National Institute of Economic and Social Research said in its main forecast that the economy will avoid a recession

High interest rates and expensive home prices are hurting potential homebuyers, as mortgage payments jump from a year ago. Payments are up almost 20% from last year.

The tax is intended as a one-off levy on bank profits made in 2023 and could help offset mortgage costs for Italians, especially first-time home-buyers.

The Thursday release of the Consumer Price Index (CPI) report will bring pivotal data for markets 

In its latest July meeting, the Federal Reserve remained tight-lipped about its future interest rate moves

CDs offer a guaranteed interest rate and the safety of FDIC insurance protection, making them a good way to invest for your short-term needs. These three strategies will help you do it right.