The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

On Wednesday, the Federal Reserve announced another rate increase, this time by a quarter percentage point to a range of 4.75% to 5.00% — an expectedly smaller bump given the recent bank failures.

With inflation trending in the right direction and the unemployment rate ticking higher, another rate cut might be on the way ...

Learn more here. In response to rampant inflation, the Federal Reserve raised its benchmark interest rate 11 times between ...

Opinions expressed by Forbes Contributors are their own. I show you how to save and invest. Markets expect the U.S. Federal Reserve (Fed) to raise rates again on February 1, 2023, probably by 0.25 ...

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...

This week will be dominated by the decision from the Federal Reserve on Wednesday, September 18. While a rate cut is a virtual certainty, the magnitude of the cut and its possible impact are still ...

the Federal Reserve stayed on course and cut interest rates for the second time since September. On Thursday, the Federal Reserve reduced the federal funds rate by a quarter point to bring the short ...

Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.

It also sets the federal funds rate, which is the interest rate that banks charge each other for short-term loans. The fed fund rate also directly affects what consumers pay when they borrow money.