This implies that if the Fed genuinely aims to lower rates, banks' interest income potential will be limited ... as investors price in these rate cuts, similar to Citigroup's recent behavior. However, ...

Fifth Third Bancorp reported a rise in second-quarter profit on Thursday, as lower deposit costs boosted the regional bank's ...

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

Traders are growing increasingly confident that the Federal Reserve will cut interest rates in September amid the public feud between President Donald Trump and Fed Chair Jerome Powell. The market ...

A Fed rate cut could lower mortgage and credit card costs for borrowers this summer. However, financial experts warn that ...

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...

A 5/1 ARM has an average rate of 5.98% today. You’ll typically get a lower introductory interest rate with a 5/1 ARM in the first five years of the mortgage. But you could pay more after that period, ...

Federal Reserve Chairman Jerome Powell recently indicated that the Fed has refrained from lowering interest rates due to ...

The president of the New York Fed suggested he is reluctant to support lowering interest rates ahead of the bank’s next ...

President Donald Trump calls Federal Reserve chairman Jerome Powell a "knucklehead," but says he won't fire the Fed chief yet ...

Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.

President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...