The Federal Open Market Committee is expected to hold interest rates steady at the conclusion of its next meeting on June 12, according to fixed income futures. This move is viewed as likely ...

Simply sign up to the US inflation myFT Digest -- delivered directly to your inbox. A top Federal Reserve official has called for interest rates to stay on hold for an “extended” time, saying lowering ...

The president of the Minneapolis Fed has warned that the US Federal Reserve will need to keep interest rates high for an ...

Speaking at a forum Tuesday, Neel Kashkari reinforced rate cuts this year seem unlikely despite predictions for them at the ...

Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.

Unless the real interest rate drops, companies that borrow to raise capital can expect to keep paying high rates for quite a ...

WASHINGTON – Federal Reserve chairman Jerome Powell said the US central bank needs to be patient as it awaits more evidence that high interest rates are curbing inflation, doubling down on the ...

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them. By Jeanna Smialek Investors do not expect ...

We apologize, but this video has failed to load. While Canada’s central bank is close to cutting its interest rate, the ...

Federal Reserve Bank of New York President John Williams said Thursday the current setting of monetary policy is in the right ...

The S&P 500 Index ($SPX) (SPY) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.49%, and the Nasdaq 100 Index ($IUXX) (QQQ ...

HSBC is increasing selected fixed-rate mortgage rates across its residential and buy-to-let ranges from tomorrow (4 June), ...