For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...

WASHINGTON, DC: The Federal Reserve logo is seen on the William McChesney Martin Jr. Building on September 16, 2025 in Washington, DC. The Federal Open Market Committee (FOMC), the policy-making arm ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The federal funds rate is now 4%-4.25%. Further 2025 cuts are likely. Many, or all, of the products featured on this page are from our advertising partners who ...

After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...

The Federal Reserve is meeting on Tuesday and Wednesday to determine the appropriate monetary policy that can both address both inflation risks alongside the increasingly disconcerting state of the ...

BENGALURU, Sept 11 (Reuters) - The Federal Reserve will cut its key interest rate by 25 basis points on September 17 as labor market softness overshadows inflation risks, said almost all 107 ...