Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range ...
A declining federal funds rate has had a corresponding impact on many other interest rate offerings. As you can see from the chart below, there's a clear positive correlation (albeit ...
The Federal Reserve cut its key rate amid continued slow job growth. Chairman Jerome Powell discussed further cuts, but not ...
Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.