Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
The Federal Reserve cut its key rate amid continued slow job growth. Chairman Jerome Powell discussed further cuts, but not ...
Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.
With the 25-basis-point cut, the benchmark federal funds rate will sit at a range of 4.5% to 4.75%. The Fed's move follows a larger-than-normal cut of 50 basis points at its September meeting, ...
That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% to 4.75% from its current 4.75% to 5% level. With the Federal ...
A line chart comparing inflation metrics over the past five years ... Cutting by 25 basis points still keeps the federal ...
The Fed lowering interest rates will lower financial balances in the private sector by $82B per year. Find out what to expect ...
The Federal Reserve’s Federal Open Market Committee (FOMC) delivered its second federal funds rate cut of 2024, lowering its benchmark rate by a quarter point to a range between 4.50% and ...