News

Pricing in the federal-funds futures market showed traders were leaning toward no interest-rate cut by the Federal Reserve before July, as they weighed the latest U.S. jobs report on Friday. Fed-funds ...
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts ...
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...
Just like savings rates and credit card interest rates, CD rates tend to move with the federal funds rate. When the Federal Reserve increases its benchmark rate, interest rates across the economy ...
The Fed controls what's called the federal funds rate, or the interest rate for interbank lending. The Fed may make adjustments to the federal funds rate based on the economy's current conditions.
The interest rate that the Fed sets is called the Federal Funds Rate. This is the interest rate at which banks lend to each other on an overnight basis, mostly for capital requirements or balance ...
President Donald Trump boasted about his accomplishments at a rally in Michigan to mark the first 100 days of his second term.
Officials at the Federal Reserve discussed the possibility of cutting the central bank's key interest rate as soon ... Its primary tool, the federal funds rate, influences borrowing costs for ...