The Fed shaved borrowing costs by 0.25 percentage points, or half the size of its September reduction, according to its Thursday statement. That brings down the federal funds rate — the interest ...

The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...

A lot of people expect mortgage rates to fall when the Fed cuts its benchmark rate. But that's not really how the relationship between mortgages and the Fed works. And right now, there are other ...

The Fed shaved borrowing costs by 0.25 percentage points, or half the size of its September reduction, according to its Thursday statement. That brings down the federal funds rate — the interest ...

Fed policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target. A much stronger than expected jobs report for ...

This matters for your wallet because Fed decisions ripple through nearly every aspect of household finances — from what you earn on savings to what you pay on loans. While some will feel an ...

“Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low,” the Fed statement said. The S&P 500 index remained ...

The Fed's move follows a larger-than-normal cut of 50 basis points at its September meeting, which was the first rate cut since March 2020 and brought rates down from a range of 5.25% to 5.5% ...

After hiking interest rates to a two-decade high last year in a bid to control runaway inflation, the Fed recently began lowering its key lending rate again, cutting by half a percentage-point in ...

But the Fed’s independence could be compromised once President-elect Donald Trump returns to the White House. “I feel the president should have at least a say in there. I feel that strongly ...

The Fed's quarter-point cut was widely expected by economists. Mortgage rates generally follow the path of that benchmark rate – but not recently. When the Fed met in September, it cut rates by ...

US central bankers are still widely expected to cut the Fed’s benchmark interest rate by a quarter of a percentage point to the 4.50%-4.75% range when they wrap up their two-day policy meeting ...