Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...

History, for example ... Before the Great Recession, the market-driven “effective” federal funds rate averaged 6.38 percent.

With the average savings account paying 0.41%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...

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 ...

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

Do CD rates go up during a recession? Historical data suggests that CD rates track the federal funds rate, which has held true during past recessions. Typically, the Federal Reserve will lower ...

The federal-funds rate had been near zero during the pandemic ... Even with recent cuts, interest rates are still high relative to recent history. This is the case compared not only with the ...

We are in a different economic environment than the one the Federal Reserve thought we’d be in less than a year ago. Back in ...

Consumer price inflation fell to 2.4% in March, surprising analysts who expected a rise, but future inflation concerns remain ...

Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place ...