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

In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

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

Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year ...

With this week’s decision, the Fed has brought the federal funds rate, now in a target range of 4.75 percent to 5 percent, a ...

The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...

The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed ...

The Fed cut interest rates today and released its quarterly "dot plot" of expectations for additional rate cuts. What does ...

The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.

Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and ...