President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.

JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S. interest rates climbing higher, a prospect he described as a "cause for concern".

The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.

Nuveen Mortgage and Income Fund offers a 9.7% yield with monthly payouts but poses risks tied to interest rates and discounts. Learn why JLF CEF is rated a hold.

Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting borrowing costs.

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing.

How much interest you can earn, however, depends on where savings rates currently stand. The national average savings account interest rate is 0.38% as of July 10, 2025, according to the latest ...

Nursing operators, especially those who own their own facilities, are facing financial strain caused by high interest rates as they attempt to restructure

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced bills to cap credit card interest rates, but they've failed to advance.