The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
The Federal Reserve’s decision to slash interest rates by half a percentage point will offer relief to American borrowers ...
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
As common as rate changes are in election years, brand new rate-reduction cycles - a series of cuts that follow either one or ...
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the ...
A half-percentage-point cut - now given more than a 60% probability in rate futures markets - would signal a commitment to ...
The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.