The Federal Funds rate 2024: Interest rate set by the Federal Reserve
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Opinion | A Fear of Dissent Haunts the Federal Reserve
T his week’s Federal Open Market Committee meeting is notable for two things. America’s central bank is shifting into ...
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
The Federal Reserve Just Cut Interest Rates. What Does that Mean for You?
The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.
Federal Reserve's Powell backs Basel changes, says no date yet for publishing new draft
Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...
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Federal Reserve cuts US interest rates for the first time in more than four years
The US Federal Reserve has cut interest rates for the first time in more than four years, and signalled that more reductions ...
US funding rate spike could signal 'quirk' in its calculation, says Deutsche Bank
A recent jump in a key U.S. overnight funding rate could be the result of a peculiarity in the way it is calculated, rather ...
US Federal Reserve slashes interest rates by half a point, first cut in four years
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
US Federal Reserve expected to cut and Bank of England set to hold interest rates
The US Federal Reserve is set to cut interest rates on Wednesday, with the key question gripping investors being whether the ...
Federal Reserve cuts interest rates by half-point; first rate reduction in four years
The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.