News

With the Fed on Pause, Why Is the Top CD Rate Now Higher?
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
Fed 98% Likely To Leave Key Rate Intact After Minutes Emphasize Economic Uncertainty
Federal Reserve officials are 98% likely to leave the target range for the federal funds rate unchanged at their next policy ...
The Motley Fool7mon
What Is the Federal Funds Rate?
The Fed raised the federal funds rate to 5.25-5.5% on July 26, 2023, its highest in 20 years. This rate influences various other interest rates, including mortgage and loan rates. Higher federal ...
CNBC2mon
Understanding the federal funds rate: What it is and how it affects your wallet
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 ...
Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
USA Today26d
Did the Fed cut rates today? No, but here's when they might
The FedWatch tool tracks the likelihood that the Fed will change the fed funds rate based on futures prices. President Donald Trump's tariff proposals have put the Fed in a difficult position ...