The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen ...
The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected in your credit cards, car ...
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...
Lower interest rates help financial markets in two big ways.