The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...
CNN reporter Matt Egan believes the US Federal Reserve is “not worried about inflation” after they cut rates by half a per ...
CBS News Business Analyst Jill Schlesinger joins on what the cut of interest rates means to our wallets and the future of ...
The Federal Reserve made a big announcement that could affect your bank account. The Federal Reserve announced they are dropping the federal interest rate by a half percent to five percent. This is ...
After months of anticipation, the Federal Reserve cut interest rates on Wednesday by half a percentage point. That will have ...
The Federal Reserve is expected to cut its influential fed funds rate in its September meeting. But economists and market ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made ...
Federal Reserve announces significant interest rate cut to combat inflation and support Americans facing higher living costs.
The Federal Reserve’s decision on Wednesday to slash interest rates by half a percentage point quickly became a source of ...
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a ...