The Federal Reserve cut interest rates by 25 basis points on Wednesday. The central bank’s December meeting decision could affect some of the borrowing and savings rates consumers see every day.
Rick Rieder emerges as the leading Fed contender, raising the prospect of faster rate cuts, a more market-driven policy approach and new balance-sheet tools.
The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.
For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you're planning to borrow $500,000, a common loan amount in many ...
Eight of 12 Fed bank boards opposed discount rate change in December Fed policymakers overruled banks, cut policy rate by 0.25 percentage point Strong investment demand, tariff outlook may ...
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Fed rate cuts: Are they good or bad for home buyers?
Fed rate cuts: Are they good or bad for home buyers? You can count on it: When the Federal Reserve changes its interest rate, news headlines about mortgage rates will follow. This cycle ...
The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
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