Federal Reserve Chair Jerome Powell indicated in remarks Wednesday that central bankers are focusing on inflation concerns ...

The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...

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 ...

The Fed typically has one major way to combat inflation: keeping its benchmark interest rate, the federal funds rate, high in order to push ... and not necessarily increase inflation, which is, by ...

New York Fed President John Williams pushed back on calls from President Donald Trump and others for a quick interest-rate ...

Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...

President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.

The federal funds rate is the overnight borrowing rate for commercial banks and credit unions and indirectly influences mortgage rates. After holding rates between 5.25% and 5.5% between July 2023 ...

Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis of historic Fed moves. The big question is when the Fed could get back to cutting interest rates.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

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 ...