That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range ...
As a result of Thursday's Fed decision, interest rates in the US will now range from 4.5 to 4.75 percent. "In support of ...
lowering the benchmark rate by 25 basis points amid economic data showing signs that inflation and the labor market are cooling. With the 25-basis-point cut, the benchmark federal funds rate ...
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
The Fed opened the door to a potential pause in December, as it upgraded the inflation outlook. Read what this pause and the ...
A line chart comparing inflation metrics over the past five years ... Cutting by 25 basis points still keeps the ...