The Federal Reserve just cut interest rates, but don't get used to falling borrowing costs: they're likely to stay where they ...

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.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...

The central bank cut rates last month but saw risks of somewhat firmer price pressures this year due to potential tariff ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why ...

or “the Fed,” is the central bank of the U.S. and plays an outsized role in shaping the nation’s monetary policy. One of its key functions is setting interest rates. Those rates determine ...