interest rate

‘There seems to be a large number of persistent inflationary pressures, which may likely continue,’ Mr. Dimon wrote.

Economists have cautioned against lowering interest rates before May and only doing so gradually thereafter.

The Internal Revenue Service (IRS) has announced what its various interest rates for things like underpayment of taxes will be for the 1st quarter of 2024.

Many mortgage-holders are yet to experience the impact of the bank’s two-year long cycle of interest rate hikes, paused in September.

A new report from Bankrate shows that average retail credit interest rates have soared to all-time highs amid the Federal Reserve’s interest rate hikes.

Auto loan defaults in the United States have hit their highest level on record, according to data from Fitch Ratings that goes back to 1994.

A smaller number of workers quit their jobs in July, as businesses hired fewer workers and layoffs rose.