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

The World Bank observed similar outcomes in other countries, including Cambodia, Kenya, and the U.K. It found that interest ...

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

Another Federal Reserve interest rate cut could be on the horizon, but what impact will it have on credit card users?

The Fed's interest rate cut will have a gradual impact on mortgages and credit card rate relief could be slow.

Credit card APRs move up quickly when the Fed raises rates but drop more slowly when rates fall, which means cardholders carrying balances still face historically high interest charges even after ...

Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch much of a break in 2025. Even though rates have fallen to a low of 20.27 ...

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...

Learn how the previous balance method calculates credit card interest, its implications for cardholders, and why it might not ...