Interest Rates - ABC11 Raleigh-Durham

Interest Rates

AP Photo/Jose Luis Magana

Fed set to make interest rate decision as inflation hits 3-year high

Jun 16

AP Photo/Andrew Harnik, File

Fed chair Powell says he will stay on central bank's board

Apr 29

AP Photo/Alex Brandon

Fed maintains interest rates as inflation surges

The Federal Reserve held interest rates steady on Wednesday as the economy weathers its highest inflation in three years.

Jun 17

AP Photo/Jacquelyn Martin, file

Federal Reserve holds interest rates steady

Jan 28

Stocks close higher despite DOJ probe into Powell

Jan 12

Hiring slowed in December, defying Federal Reserve's effort

Jan 9

Fed cuts interest rates for 2nd time this year

Oct 29, 2025

What the Fed rate cut will mean for your finances

Sep 18, 2025

Interest rate cuts could spur home, auto purchases

Sep 17, 2025

Latest Videos

2:10

Fed holds interest rates steady as inflation hits 3-year high

Jun 17

2:08

Interest rate cuts could spur home, auto purchases

Sep 17, 2025

1:14

Latest fed's interest rate cut could impact car loans

Nov 9, 2024

1:44

NC realtors prepare for active 2025 after interest rate cut

Nov 9, 2024

2:28

Raleigh businesses, Realtor react to interest rate cuts

Sep 18, 2024

1:39

Student loan interest to resume, inching closer to end of loan payment pause

Sep 1, 2023

1:59

Biden administration launches new income-driven student debt repayment plan

Jul 31, 2023

2:21

Eye on the Economy: Fed raises interest rates, intensifying inflation fight despite cooling prices

Jul 26, 2023

Latest Stories

Fed cuts interest rates for 1st time in Trump's 2nd term

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday.

Sep 17, 2025

AP Photo/Andrew Harnik, File

Fed faces economic uncertainty and political pressure as it decides whether to cut rates

Meanwhile, the U.S. economy is mired in uncertainty. Hiring has slowed sharply, while inflation remains stubbornly high.

Sep 15, 2025

AP Photo/LM Otero

Inflation climbed in August as Trump's tariffs intensified

Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations.

Sep 11, 2025

AP Photo/Manuel Balce Ceneta

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Eight months have elapsed since the Fed last adjusted interest rates.

Aug 22, 2025

AP Photo/Seth Wenig

US stocks rally to records on hopes for cuts to interest rates

The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected.

Aug 12, 2025