The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, ...
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.
The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third ...
Want to know how this week's Fed rate cut impacted the mortgage rate climate? Here are the latest interest rates.
Federal Reserve Bank of Cleveland President Beth Hammack said she would prefer interest rates to be slightly more restrictive ...
By Howard Schneider and Michael S. Derby WASHINGTON, Dec 12 (Reuters) - Federal Reserve officials who voted against the U.S.
Jerome Powell has concluded his news conference following the announcement that the Federal Reserve will cut the country's ...
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.