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

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

Understanding the connection between Federal Reserve policies and credit card rates can help you make smarter financial ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and ...

Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...

WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...

Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.