Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
In an economy wracked by uncertainty, one thing seems virtually guaranteed: the Federal Reserve will leave its key interest ...
Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Commissions do not affect our editors' opinions or evaluations. The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy. It impacts everything from the ...
CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...
Starting in September, the FOMC lowered the federal funds rate three times in late 2024, ending the year with a target range of 4.25% to 4.50%. That flurry of activity, however, was preceded by 14 ...
After a red-hot Q3, returns in the fixed income markets turned negative in the final quarter of 2024. Click here to read the ...
Short-term interest-rate futures after the data were pricing about a 75% chance of a quarter-point reduction to the Fed's policy rate by June, little changed from what was seen prior to the data. They ...
Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...
the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the first time the Fed's paused a rate change since its three back-to-back cuts in ...