The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market ...

Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.S. central-bank tightening cycle ...

The federal funds rate hovered around record highs between 1980 and 1981 at almost 20%, while inflation was near 14.5% and unemployment was more than 7.5%. The lowest fed funds rate was a target ...

The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark ...

But as the economy boomed coming out of the pandemic, prices started to get out of control and inflation hit a four-decade high. As a result, the Fed aggressively raised the fed funds rate to a ...

The FOMC led by chair Jerome Powell will commence its 2-day monetary policy meeting from September 17, with outcomes to be ...

See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.

Wondering what’s in store for interest rates ... positive news on inflation as well as the worrying labor market data, market expectations (according to federal-funds futures) have greatly ...

To combat rising prices, the fed funds rate was raised 11 times between March 2022 and July 2023. The 12-month inflation rate is sitting at 2.5%, the lowest it's been since February 2021 ...

Federal Reserve officials are heading into their policy meeting on Tuesday with a lot of optimism, and some uncertainty too.

Its primary tool for slowing inflation is the federal funds rate, which is the interest rate banks charge each other to borrow money overnight. Increasing this rate slows economic growth.

If the FOMC wants to make changes to monetary policy, it will adjust the federal funds rate. For example, the FOMC began raising rates in the last few years to fight inflation. During the pandemic ...