President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

The Federal Reserve plays a part in influencing interest rates by setting the amount ... for the first time since the ...

Mortgage rates skyrocketed even as the Fed cut the overnight federal funds rate twice ... a difficult-to-achieve task known ...

The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.

The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...

Falling interest rates are good news for car buyers and people with credit card debt, but after the presidential election, mortgage rates are on the rise. CBS News business analyst Jill Schlesinger ...

Following Trump's election victory, investors responded Wednesday by pouring a lot of money into exchange-traded funds. In this week's ETF Wrap, Christine Idzelis broke down the money flows and the ...

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

Depending on your personal goals and needs, you could take on a fixed-rate home equity loan a few months from now, when rates are likely to be lower. A home equity loan rate is fixed at the beginning, ...

After a five-day meeting, the Standing Committee of the National People's Congress on Friday approved the issuance of 6 trillion Chinese yuan worth of local government special-purpose bonds, ...