Economists said the Fed chairman’s view that policy isn’t restraining the economy, and his emphasis on the energy shock, argue for a longer tightening campaign.

The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.

When it perceives elevated inflation to be a concern, it raises rates to make borrowing money more expensive, which cools the economy. When the economy is sluggish and in need of support, the Fed does the opposite and lowers rates to stoke demand.

Of course, if you're planning to buy a new home or considering refinancing your home, it's important to know what mortgage rates you can expect to see. We've compiled a list of today's average mortgage and refinance interest rates below. Start here and ...

Investors are treating a rate hike today like a foregone conclusion. Here's what's in focus for stock, oil, and bond yields going forward.

The Federal Reserve’s rate hike will change what you can earn on new savings products and what you’ll pay on new loans and credit card debt.

In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from. Personal loan interest rates, for example, have been frozen at around 12% for months, while credit card interest rates have declined ...