That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4 ...
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
The Federal Reserve influences interest rates in the U.S. by adjusting the federal funds rate and, occasionally, ...
What is the federal funds rate? The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's ...
Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...
"Dollar saw an increase in residential and consumer activity when long-term rates fell below 6.5% in late summer ahead of the ...