The Latest Breaking News from Interest Rates

Markets and economists widely tip a February interest rate cut after underlying inflation came in below expectations for the December quarter.

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs

The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.

The dollar index (DXY00 ) Friday fell by -0.53% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar after...

The dollar index (DXY00 ) today is down by -0.60% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar...

Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.

In a much-anticipated speech via video link at the Davos World Forum in Switzerland, Trump pushed for lower interest rates and said he would cut taxes for companies investing in the United States while imposing tariffs on those who do not.

Yen soars as central bank suggests more interest rate hikes

The CFPB is investigating credit APRs, and it wants consumers to comment on their rates, terms, and conditions.