That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4 ...
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
The Federal Reserve influences interest rates in the U.S. by adjusting the federal funds rate and, occasionally, ...
What is the federal funds rate? The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's ...
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
"Dollar saw an increase in residential and consumer activity when long-term rates fell below 6.5% in late summer ahead of the ...
The Federal Reserve lowered its target for the Fed funds rate by another 25 basis points last week. But why should you care?
Mortgage refi rates have fallen for a second day, lowering the 30-year average to its cheapest level since mid-October. Most ...