Federal Reserve leaves interest rates unchanged
The Federal Reserve said that it is leaving its benchmark interest rate unchanged.
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The Federal Reserve said that it is leaving its benchmark interest rate unchanged.
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
Financial experts have been anticipating these cuts for some time, and the belief is there will be two more cuts by the end of the year.
The Federal Reserve signaled that more cuts could be coming by the end of the year. WBZ-TV’s Courtney Cole reports.
Interest rates for loans on homes and cars will remain high because the Federal Reserve is keeping a benchmark rate unchanged. CBS's Bradley Blackburn reports.
CBS News Boston digital host Joe Weil discusses the latest financial headlines with the Armstrong Advisory Group's Chuck Zodda.
Financial expert Chuck Zodda of the Armstrong Advisory Group discusses inflation, tariffs and the latest headlines from Wall Street.
If you carry a credit card balance, beware. You'll be paying a lot more for those Christmas gifts due to rising interest rates. WBZ-TV Chief Investigative Reporter Cheryl Fiandaca reports.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Higher interest rates and heavy government spending is leading to ballooning interest payments on the nation's debt.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
Rising interest rates are forcing some potential home buyers and sellers to stay put even when they're in desperate need of a change. WBZ-TV's Mike Sullivan reports.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
The central bank boosted interest rates for the seventh time this year, which means pricier debt and loans.
It is the fourth straight month the Federal Reserve has increased the interest rate by ¾ of a point.
WBZ-TV's Brandon Truitt reports.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
