If you've been paying attention to chatter about interest rates in recent years, you've probably come across the term "federal funds rate" – or just "fed funds rate" for short. But what exactly is the ...
The Fed cut rates again, easing borrowing but squeezing savers. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on ...
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%. Inflation has proven ...
Here’s how the central bank’s latest cut will affect loans, savings accounts and investments—and what financial moves to consider Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace ...
WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...
Wednesday's decision to reduce the benchmark federal-funds rate by a quarter point—to between 3.5% and 3.75%, a three-year low—is aimed at protecting against a sharper-than-anticipated slowdown in ...
Cantankerous and increasingly cautious consumers — perhaps put on edge by seemingly shrinking paychecks, a weaker job market and stubbornly high prices — gave the Federal Reserve more room to cut ...
The Federal Reserve on Dec. 10 announced a quarter-point rate cut to its benchmark federal funds rate, its third in a row, aimed at lowering borrowing costs for consumers. The decision brings the ...
The Federal Reserve has been cutting interest rates for more than a year, including last week’s cut. Although the central bank has less influence over the long end of the yield curve (dramatically ...