Central bankers lowered rates to a new range of 3.5% to 3.75%, potentially bringing welcomed relief to borrowers.

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

From credit cards and car loans to mortgage rates, student loans and savings accounts, here's a look at the ways a Fed rate cut could affect your finances.

The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?

Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced a bill on Tuesday aiming to cap credit card interest rates at 10%. President Donald Trump backed lowering credit card interest rates during his 2024 campaign, and the bill appears to attempt to ...

Credit card interest rates are too damn high, according to an unlikely combination of politicians who’ve recently drawn attention to the subject. Money experts agree credit card debt can be a major challenge for many card users. At 20.1 percent, the ...

An unlikely pair of U.S. senators have crossed the political divide to introduce a bill capping credit card interest rates at 10% for five years. The bill was introduced Tuesday by Republican Josh Hawley of Missouri and independent Bernie Sanders from Vermont.