It's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat. The central bank announced it would hold its benchmark interest rate steady, as was widely expected. The meeting follows ...

The Federal Reserve kept interest rates unchanged at the conclusion of its first policy decision of 2026 on Wednesday. At a time when many U.S. households are concerned about affordability challenges, ...

President Trump has demanded that Federal Reserve Chair Jerome Powell slash interest rates. But it isn’t up to Powell alone. Though Powell steers policy discussions, rates are set by a majority vote ...

The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers ...

2020-2021 retirees faced 15-20% portfolio losses and should cut withdrawal rates to 3%. New retirees can sustain 4.5-5% withdrawals with current bond and dividend yields at 4-5%. Retirees with ...

Trump can’t cap credit card interest rates on his own: Under the Constitution, only Congress can regulate interest rates. High rates reflect risk—but defaults remain relatively low: Average credit ...

Many Republicans are flatly rejecting President Trump’s proposal for a one-year 10-percent cap on credit card interest rates, warning that it will be unsustainable in the long run. Trump’s proposal ...

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...

After cutting interest rates three times in a row last year, the Federal Reserve indicated last month it probably won’t lower interest rates again for a while. A months-long pause, cemented by key ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition ...

President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...