For the past several months, the chorus of voices crying out over the prospect of a Federal Reserve interest rate hike have all been saying essentially the same thing – either they can't do it, or they simply won't do it. This is the
Federal Reserve puts rate rise on hold – as it happened. America's central bank announces it will not raise borrowing costs for the first time since the financial crisis began. Latest: Janet Yellen's press conference underway
Whenever it comes, a rate hike will have implications for millions of Americans. It's important if you have a credit card or savings account, invest in a 401(k) or in the markets, or want to buy a home or car. The Fed slashed interest rates to zero in
Federal Reserve puts rate rise on hold – as it happened. America's central bank announces it will not raise borrowing costs for the first time since the financial crisis began. Latest: Janet Yellen's press conference underway
Interest rates on mortgages inched higher this week, just a day before the Federal Reserve's policy-setting committee decides whether the federal funds rate will increase for the first time in nearly a decade.