The fed funds rate (also known as the federal funds target rate) is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select explains how and why the Federal ...

The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop ...

The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, ...

When the Fed meeting happens and the FOMC announces its target range for the federal funds rate, it is indicating ... both stocks and bonds are going to do really well in 2024,” he says.

Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...

For more about the Fed and what it does, read “What Is the Federal Reserve and How Does It Work ... rates—the Fed has the ability to lower interest rates (specifically, the short-term fed ...

The Fed’s primary monetary policy tool is the federal funds rate ... to get the best mortgage rate possible when applying for ...

However, the Fed takes a risk if it brings inflation down too much. Any major, rapid decline in economic activity can cause a ...

Her work has ... Commissions do not affect our editors' opinions or evaluations. In a much-anticipated move, the Federal Reserve announced on March 16 it would be raising interest rates for ...

The best CD rates held their ground—or even improved—in every term this week, meaning you can still snag a rate up to 5.50%.

As the Fed cuts rates again, here’s who loses, who wins and how to protect your money — and take advantage of the lower rate ...