The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve ...

Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...

With rates so far from “neutral” and the labor market cooling, it is better to start big.

In our news wrap Thursday, President Biden said the Fed's interest rate cut is a vindication of his economic policies, Wall Street celebrated the cut with stocks surging to new highs and Republican ...

The Federal Reserve finally cut interest rates this week. It comes after years of aggressive inflation fighting from the central bank. While it will take time to feel the impact of the cuts ...

On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might ...

Investors widely expect the Fed to cut interest rates at a meeting on Wednesday. Borrowers have waited years for a sign of relief from high interest rates for everything from credit card loans to ...

With the Fed poised to cut interest rates next week, the ripple effect will show up in certificates of deposit and high-yield savings accounts, which currently offer rates of more than 5%.

Three interest rate cuts in, the Bank of Canada is now firmly entrenched in an easing cycle that has major implications for where Canadians’ money can earn them the best returns. The shift from ...

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s ...

After keeping interest rates at a 23-year high for over a year, the Fed is widely expected to announce Wednesday it is finally cutting its benchmark lending rate. And Fed Chair Jerome Powell could ...