The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...

To get a handle on the situation, the Fed began hiking rates aggressively. Higher rates lead to less consumer borrowing and spending, translating into lower demand for goods and services.

WASHINGTON – The Federal Reserve lowered its key interest rate by another quarter percentage point Wednesday but forecast a significantly slower pace of rate cuts next year following a recent ...

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 ...

Federal Reserve officials in December signaled concerns over president-elect Donald Trump’s policies potentially stoking ...

The final Fed rate cut of 2024 is here. Here’s everything you need to know about how the latest reduction will impact mortgage interest rates. Reina Marszalek is a senior mortgage editor at Fox ...

The U.S. Federal Reserve will release its next policy decision on December 18, and an interest rate cut of 0.25% is widely anticipated. However, expectations for Fed policy beyond this week are ...

The Federal Reserve announced its third 2024 federal funds rate cut in December, continuing the shift that began with September's aggressive half-point reduction. This new cut reduced the ...