Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

The Federal Reserve projected just two more rate cuts in 2025, potentially signaling the start of another “higher for longer” ...

A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Indian banks are facing margin pressure as loan growth slows amid high interest rates, according to a report by S&P Global Market Intelligence. The Tribune, now published from Chandigarh ...

The government, through the Minister of Industry, Investment, and Commerce, Senator Aubyn Hill has called for Jamaica's commercial banks to lower their lending interest rates in alignment with recent ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

The UK’s biggest banks have cut rates on their flexible savings accounts, offering typically 1.5 per cent less than the market average despite making bumper profits. Savers with high street ...

Banks' average lending rates hovered around the 30% bracket during the second half of the year, after declining from 32% at the beginning of the year. According to data from the Bank of Ghana ...

As interest rates climbed, major banks charged borrowers more for mortgages and auto loans, yet never increased payouts to savers, despite telling lawmakers they would do so, say two U.S. senators ...