That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range ...
How the federal funds rate works The federal funds rate and the economy How the federal funds rate affects you Current federal funds rate and recent trends FAQs How the ...
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
The rate of inflation has been slowing, so the Fed doesn't need to keep its federal funds rate as elevated. Raising ...
Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...
With the Federal Reserve lowering rates, securing a high APY now could be a smart move ... CDs are a safer investment, ...
It should be fairly obvious why this is the case, as investment-grade bonds rose fairly significantly over the summer months ...
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...