Imagine pumping nearly $1 trillion into the U.S. economy without adding a cent to the national deficit.

On Friday, Federal Reserve officials breathed a sigh of relief as April’s job data revealed a cooling in wage growth and hiring rates that hark back to pre-COVID-19 days.

In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.

The Biden administration just dropped a new rule that's gonna make late fees on credit cards way cheaper.

Federal Reserve Chair Jerome H. Powell has indicated that the central bank may not raise interest rates further if the economy and inflation continue to cool as expected.

Federal Reserve Chair Jerome Powell and Patrick Harker, head of the Federal Reserve Bank of Philadelphia, visited York, Pennsylvania, to hear the concerns of small-business owners grappling with inflation, high interest rates, labor shortages, and post-pandemic economic challenges.

The Federal Reserve has raised its key interest rate to around 5.4% to curb inflation, but policymakers are at a critical juncture considering whether to raise rates even further or maintain the current level.

Inflation in the US has dropped from 9% to 3% over the past year, but reducing it to the Federal Reserve's 2% target rate proves to be a tougher task.

Credit ratings agency Moody's has placed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, under review for a possible downgrade.

The Federal Reserve is expected to raise interest rates by a quarter-percentage point, resuming its efforts to combat inflation after a brief pause in June.

The minutes from the Federal Reserve's June meeting indicate that a mild recession is expected, accompanied by further interest rate hikes to combat inflation.

Federal Reserve Chair Jerome Powell reaffirmed the likelihood of raising interest rates at least once more this year due to persistent inflation in the service sector and a tight job market.

Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.

The Federal Reserve has approved its 10th interest rate increase, raising its benchmark borrowing rate by 0.25 percentage point to 5%-5.25%, the highest since August 2007.

In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.

Inflation has been at a stressful high for the last couple of months because of consistent consumer demand despite rising interest rates.

The elevated inflation rate has remained steadfast and stubborn, despite a multitude of efforts by the central bank to stifle it over the past year.

As interest rates rise, the cost of borrowing for businesses increases.

Despite the United States’ annual inflation taking a breather at 6.4% in January, the inflation rates are likely to remain high for quite some time.

Despite high-interest rates and staggering inflation, Americans are continuing to spend the money in their pocketbooks.