The criticism followed the May consumer price index release which revealed less inflation than economists expected.

Vice President Vance ripped the Federal Reserve and cited President Trump’s criticism of the central bank after prices rose at a slower than expected rate in May. In a Wednesday social media post shortly after the release of May inflation data,

Several important refinance rates increased this week, but refinancing could be still make sense for other reasons.

U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.The Hong Kong dollar has whipsawed from one end of its narrow trading band to the other versus the greenback in just a month.

After ADP revealed a sharp drop in private sector job growth in May, President Donald Trump called on Fed Chair Jerome Powell to lower interest rates.

The housing market is facing a big development that could shake up interest rates on home loans at a time when would-be buyers have been waiting for rates to drop.

Lower inflation and concern that U.S. President Donald Trump's trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting,

FRANKFURT—The European Central Bank reduced its key interest rate to the lowest level since early 2023, and signaled it is nearing the end of its rate-cutting cycle as inflation abates.The ECB on Thursday cut its deposit rate to 2% from 2.