A DOJ probe involving Fed Chair Jerome Powell has sparked fresh questions about the Fed’s next move. Here’s what it could—or couldn’t—mean for interest rates.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

The Federal Reserve is expected to keep interest rates steady Wednesday despite growing concerns about the strength of the U.S. economy. Measures of economic confidence spanning consumers, households ...

The Federal Reserve has signaled it will likely cut interest rates later this month, beginning the descent from a record-high level that has crimped banks' earnings for two years. Although it's ...

Thirty-year mortgage rates fell to a one-year low today. The current average mortgage rate on a 30-year fixed mortgage is 6.03% with an APR of 6.06%, according to the Mortgage Research Center. The ...

PHOENIX--(BUSINESS WIRE)--Credit card interest rates can vary widely and change frequently. Being aware of what determines interest rates and how they can be managed helps ensure costs don’t climb out ...

LONDON, Sept 11 (Reuters) - If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn. One ...

WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners — pretty much ...

Mortgage rates rose by 14 basis points after the Fed cut rates, as Powell's hawkish tone pushed back on December rate cut expectations. AI Summary When mortgage rates are near 6% and bond yields are ...

Daily rates are trending lower this week. According to Money’s daily survey, the average rate on a 30-year fixed-rate loan is 6.375%, down 0.033 percentage points. The recent slide in rates could be ...