The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...

Minutes from the Federal Reserve policy committee's most recent meeting show that central bankers favor a cautious approach ...

The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut ...

Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...

Text Callout : Key Takeaways - Fed Rate Cut: Here Are the Winners and Losers The Federal Reserve met Nov. 7 and cut interest rates by 25 basis points (0.25 percentage point). This move was in line ...

For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it ...

For now, the US presidential election results haven’t shifted the Federal Reserve’s plans. As widely expected, the central bank cut the federal-funds rate by 0.25 percentage points to a target ...

It also sets the federal funds rate, which is the interest rate that banks charge each other for short-term loans. The fed fund rate also directly affects what consumers pay when they borrow money.

I show you how to save and invest. Markets firmly expect the Federal Reserve to hold interest rates steady at its next meeting on November 1. This is in line with recent dovish comments from Fed ...

The Federal Reserve’s Federal Open Market Committee (FOMC) delivered its second federal funds rate cut of 2024, lowering its benchmark rate by a quarter point to a range between 4.50% and 4.75%.