The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve will be someone who believes in ...
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
A Fed rate cut this week could be good for home equity borrowers. Here's what happened after the last two rate cuts.
Mortgage rates stayed near 6.3% after the Fed’s December cut, as officials weigh further moves amid persistent housing ...
The Federal Reserve's policy committee is scheduled to meet next in late January, after cutting the Fed's key interest rate at each of the last three meetings.
This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since ...
An unexpected jump in the unemployment rate Tuesday kept pressure on the Federal Reserve to rescue the job market by cutting ...
"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.
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