The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
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 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 granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers ...
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...