The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve ...
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
President Joe Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that ...
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out ...
Potential homebuyers and sellers have been holding off on making a move amid elevated mortgage rates and sky-high prices. But ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...