The interest rate that the Fed sets is called the Federal Funds Rate. This is the interest rate at which banks lend to each other on an overnight basis, mostly for capital requirements or balance ...

Here's how the Fed's rate hike affects specifically credit card APRs, plus how you can avoid being impacted too much. The Fed controls what's called the federal funds rate, or the interest rate ...

A higher fed funds rate means more costly loans ... a one-time price increase, whereas inflation is, by definition, a ...

President Trump says he doesn’t plan to fire Fed Chair Powell, but the calls for rate cuts continue. But the Fed is expected ...

But compared to a few months ago, CD rates are actually down. That's because as inflation gets further under control, the Federal Reserve has adjusted its policy, reducing its federal funds rate ...

Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by first-half 2027, bringing it to a target range of ...