Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation will likely discourage the Fed from cutting its influential interest rate later this month.

Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,

CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial services research at Argus Research.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

The inflation report for June wasn't too troubling for markets, and traders are doubling down on their prior expectations for interest rates. Odds of a quarter-point cut in September were at 59.9%, up slightly from 58.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.

New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest rates, asset prices and demand for financial products, New Zealand’s central bank said in a report released on Tuesday.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?

Three of the four largest banks in the U.S. together reported a mixed picture of how much money they made from interest income during the second quarter. Here were the numbers compared with the second quarter of 2024: JPMorgan Chase: $23.