The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.

The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...

Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by ...

Anticipated Fed rate cuts could drive $3 trillion into fixed-income assets like RMBS, corporate bonds, and REIT preferreds.

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...

Federal Reserve Chair Jerome Powell had one big job on Wednesday which was to convince market participants that a 50 basis-point rate cut is consistent with a "thoughtful policy adjustment" rather ...

See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.

As of September 19, 2024, the prime rate is 8.00%. Following a rate cut during the Federal Reserve's September meeting, the prime rate declined from 8.50% to 8.00% on the subsequent day.

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