In that summary is a chart known colloquially as the “dot plot,” which shows each of the 19 FOMC participants’ assessments of where the federal funds rate should be. Watchers pay particular ...

The last time the Fed chose not to raise interest rates was back in January of 2022. The last time we were at +5% on the Fed funds rate was back in September 2007, back when the Fed took down ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Powell’s Fed peaked interest rates at +5.25-5.50% from September 2023 for a full year. The last time the Fed funds rate was that high was for a couple months in early 2001, shortly after the ...