The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings ...
The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.
The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.
The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...
Here’s how the central bank’s latest cut will affect rates.
The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.
We believe the most likely path for Fed policy in 2026 is for the central bank to bring rates down from the current range of ...
Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help?
Markets are rethinking the Fed’s path after its latest cut and a split 2026 outlook. Here’s how to track shifting rate ...
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds ...
The Fed cuts rates again at its December meeting and members project at least one 25-basis point cut next year.