Below, CNBC Select explains how and why the Federal Reserve sets this rate, and how it affects the economy, as well as your own money. Federal regulations require financial institutions to keep a ...

The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate ...

Following the Federal Reserve's latest 25-basis-point cut to interest rates in December, investors have their eyes on the ...

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

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

The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high ...

Cramer said weak industries like housing and autos are met with rising inflation in food, insurance, healthcare and rent, ...

The Fed’s new median rate projection for 2025 signals just two interest rate cuts. After the Federal Reserve’s latest interest rate decision, you may be tempted to try and start connecting ...