The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) Wednesday fell by -0.43%. The dollar erased an overnight rally and turned lower after Wednesday’s Fed-friendly US May CPI report bolstered expectations for the Fed to cut interest rates later this year. Also, the wider-than-expected US May federal budget deficit was bearish for the dollar...

The June Fed meeting was a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. have to say about interest rates and the economy.

Credit card companies are masters at making money, and not just from interest rates. They use a variety of clever, legal tactics to maximize their profits, often at your expense. If you’ve ever felt confused by your statement, surprised by a fee, or frustrated by changing terms, you’re not alone.…

This summer could be more volatile than usual, here are three high-quality dividend stocks that are solid choices for the summer and beyond

The dollar index (DXY00 ) Thursday fell by -0.05%. The dollar on Thursday fell to a 6-week low and posted modest losses after US weekly jobless claims unexpectedly rose to a 7-3/4 month high, a dovish factor for Fed policy. The dollar also weakened after US Q1 nonfarm productivity was...

European Central Bank makes eighth quarter-point cut in a year as bloc reels from impact of Trump’s trade wars

Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity

“You’re not about to see the back of me,” insists Lagarde, sporting a necklace reading ‘in charge’, following claims she discussed leaving ECB early to run World Economic Forum

Grant Cardone slams Jerome Powell, blaming high interest rates for harming real estate, small businesses, and potentially aiding political motives.