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 ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...

The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types ...

In its final meeting of the year on Dec. 18, 2024, the Fed once again lowered the federal funds rate. The FOMC's 0.25% decrease is the third rate cut in this cycle of lower interest rates.

These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next ...

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in ...

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 ...

The spread between current and forward rates turned positive post-December Fed meeting. Check out why I predict a Fed rate ...

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

Here’s how the Fed’s latest move will impact your borrowing costs ...

The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse ...