That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of ...
The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets ...
After the Federal Reserve's interest-rate cut of a quarter percentage point Thursday, markets are already looking ahead to ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 8, which is 0.11 percentage points lower ...
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.
Assuming inflation remains near 2%, interest rates will likely continue to trend lower. The FOMC projects a fed funds rate of ...
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...
It wasn’t all about the presidential election this week. Though the big news story came Tuesday night into Wednesday morning ...