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 ...

Savings rates remained strong in 2024, with many high-yield accounts offering annual percentage yields (APYs) north of 4%, and the consensus among financial analysts is that the Federal Reserve will ...

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

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

How the federal funds rate works The federal funds rate and the economy How the federal funds rate affects you Current federal funds rate and recent trends FAQs How the federal funds rate works ...

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.

The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.

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 ...

Explore the significance of the bank's prime rate and the WSJ prime rate today. Learn its importance as a benchmark for ...

The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...