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 ...
Domenico Ferraro, PhD: “Typically, the stock market tends to react positively to a reduction in the federal funds rate. This positive reaction occurs because lower current interest rates are ...
Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis of historic Fed moves. The big question is when the Fed could get back to cutting interest rates.
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