The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...

The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by ...

The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.

When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...

That said, the Fed’s declining benchmark rate will eventually mean better rates for borrowers, many of whom are facing some ...

"The Fed’s decision was pretty aligned with market pricing," Zhao notes, so a major drop in mortgage rates is highly unlikely ...

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

The Federal Reserve announced Wednesday its first interest rate cut since March 2020 in an attempt to provide much-needed ...

In its September meeting, the Federal Reserve is set to lower interest rates for the first time since the pandemic, claiming ...

The Fed is expected to start cutting interest rates on Wednesday — marking a milestone in the central bank's long-running ...