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 ...

If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...

Recession odds are rising as Trump’s tariffs sink bond yields, oil prices, and stocks. So, too, are the odds of multiple ...

Part of the Fed’s role is managing pricing stability and employment with interest rate adjustments. According to the FOMC, an annual target increase in inflation of 2% is consistent over the ...

Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...

At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the second ...

Decode the Fed's unclear signals on rate hikes, inflation, and banking issues. Click here to find out more about the U.S.

Interest rate cuts remain possible at some point, but uncertainty related to huge changes in U.S. trade policy make it hard ...

The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the ...

Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are ...

Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.