The federal funds rate is now 4%-4.25%. Further 2025 cuts are likely. Many, or all, of the products featured on this page are from our advertising partners who ...

Stephen Miran, President Trump’s latest appointee to the Federal Reserve Board Governors, wants the federal funds rate to be a full 2 percentage points lower than its current level. As the dust settled after last week’s Federal Reserve rate cut, Fed ...

A Federal Reserve rate cut lowers borrowing costs across the economy, influencing credit cards, mortgages, and auto loans. The Fed decides whether to cut rates based on inflation, employment trends, and overall economic stability. Consumers may not see ...

A Federal Reserve official’s proposal to overhaul the central bank’s interest rate target system is getting a warm reception but still faces long odds as the Fed's balance sheet wind-down nears conclusion and Fed leadership is due to change next year.

Over the last couple of weeks we've been seeing President Donald Trump applying unprecedented political pressure to the Federal Reserve to cut interest rates. We're waiting to see if the board of governors will give in. The central bank meets today and ...