interest rates

President Trump is rolling out plans to tackle housing affordability. Along with a series of policy proposals, he continues to pressure the Federal Reserve to cut interest rates.

On Wednesday, the president called on Congress to pass legislation capping credit card rates at 10% for a year.

According to a new study by Bankrate, 61% of people with credit card debt have been holding it for at least a year — up from 53% in late 2024.

Wendy Edelberg at the Brookings Institution tells Kai why bond markets haven't reacted to the Department of Justice investigating the Fed Chair.

The Fed doesn’t just set interest rates. It needs to be able regulate banks independently too, to make sure the financial system keeps running in good and bad economic times.

Applications for adjustable-rate mortgages have more than doubled over the past year, according to the Mortgage Bankers Association.

With the Federal Reserve lowering interest rates, lenders may be pitching you refinancing opportunities. Here’s what to know if you’re getting inundated with offers.

Bond traders seem to be betting that rates may already be close to a level that keeps inflation down and the labor market strong.

Elevated interest rates, tariffs, and labor shortages due to President Donald Trump’s immigration crackdown have left many would-be buyers on the sidelines.

Kai Ryssdal spoke with Daniel Tarullo, who served on the Federal Reserve Board for more than eight years, about growing dissent within the FOMC.