The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...
The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...
President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
The biggest gains, however, tend to come after the Fed begins cutting rates following a stock market panic. Following the first Fed rate cut in March 2020 due to the COVID pandemic, the S&P 500 was up ...
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers.