News

Borrowers barely felt interest rates budge after the Fed's first rate cut back in September, and they're not about to get a big bang for their buck Thursday when the Federal Reserve makes ...
Tom Brenner/Reuters The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H.
The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower. A reduction to the central bank’s ...
The Federal Reserve on Wednesday cut interest rates for the first time since March 2020, as the central bank lowered the benchmark federal funds rate by 50 basis points amid progress in the ...
For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where ...
Federal Reserve Chair Jerome Powell isn’t ready to commit to a September interest rate cut, but it’s all but certain if good inflation continues to roll in. As widely expected, the central ...
Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since ...