The Fed's decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto loans.

A line chart showing the federal debt as a share of G.D.P. going from over 100 percent in the late 1940s, down to almost 20 percent in the 1970s and back up to almost 100 percent in the early 2020s.

Federal Debt Chart (St. Louis Federal Reserve) Fig. 6. The current debt-to-GDP has since relaxed to 122.3%. But the following decade could see an increase of another $7.5 billion, ...

The Fed has been shrinking its asset holdings since mid-2022, reversing pandemic-era stimulus. That process will eventually drain reserves from the banking system, and Fed officials aren’t sure ...

The European Central Bank is widely expected to cut its key policy rate at its meeting on Oct. 17, and the U.S. Federal Reserve will likely follow suit when it convenes on Nov. 6-7.

NEW YORK — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...