When the Federal Reserve Board met in September, it cut rates for the first time this year. After holding them at 4.25% to 4.50% for months, rates now stand at 4.00% to 4.25%. While that might sound ...
The housing market has topped headlines for the better part of two years. The COVID pandemic and interest rates sent the market into overdrive. If you’re one of the millions of people looking to buy a ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
The Federal Reserve targets an interest rate called the federal funds rate (FFR). The three rates the Fed sets to reach its FFR target range are: the discount rate, interest on reserve balances (IORB) ...
A clear and cohesive multiyear strategy for treatment of interest rates by the Federal Reserve is something the financial services industry would very much like to see. Surprises and indecision are no ...