The Federal Reserve has ... resulting federal funds target rate range. Basis points are a common unit of measurement for interest rates. One basis point is equal to 1/100 th of one percentage ...

The Fed’s monetary policy has shifted significantly over the years ... funds rate averaged 6.38 percent. Rate moves are expressed in “basis points,” which are equal to 1/100 of a percentage ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

It also has pushed down bank savings yields that were finally generating healthy returns. After raising the federal funds ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.