The Federal Funds rate 2024: Interest rate set by the Federal Reserve
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
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.
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
The Fed cut rates by half-point: What to know
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
The Fed Went Big With Its First Rate Cut—Here's What Markets Think Will Happen Next
Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year ...
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the ...
The Federal Reserve's Jumbo Rate Cut Comes With a Big Risk
The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...
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Fed Rate Cut Could Speed Up Some Annuity Sales
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 New York Times1d
I Worked for the Fed. The Interest Rate Cut Is Only One Step in a Larger Plan.
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 ...
What the Fed rate cut means for mortgages, loans and credit cards
The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...
Here's How Savings and CD Rates Could Change Based on Today's Fed Forecast
The Fed cut interest rates today and released its quarterly "dot plot" of expectations for additional rate cuts. What does ...