Using equation (2), the coefficient should equal one if forecasts are based on the uncovered interest rate parity intuition. In the data, we find that the interest rate difference alone explains a ...

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...

The Fed is indicating it’s in no rush to cut rates amid uncertainty about inflation and the economy. Argus Research's Kevin ...

The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%. And in a sign that households can expect more cuts in the months to ...

Mortgage interest rates slipped lower over the past week, settling at the lowest level of 2025, but remaining elevated enough to stifle normal levels of buying and selling in the housing market.

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

After soaring to a 40-year high in 2022, the rate of inflation is trending lower, which allowed the Federal Reserve to cut interest rates last year. The Fed's projections point to two more rate ...

The Federal Reserve announced today that interest rates will remain unchanged. (Photo by Win McNamee/Getty Images) There is little chance that the Federal Open Market Committee will cut interest ...

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been ...