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 ...

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 ...

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 ...

Traders bet Fed will stop cutting rates in mid-2025 Policy rate would be in 3.75%-4.00% range at that point Policymakers in September saw rate moving to 2.9% by 2026 Fed still expected to cut ...

The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut. Market attention probably will turn to what Chair Jerome Powell ...