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 Federal Reserve will meet eight times in 2025 and experts and consumers alike are eager to learn if and when there will be more rate cuts. After 14 months of stagnancy, the Federal Open Market ...

Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...

Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...

The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible ...

The Federal Reserve Board cut interest rates by half a point in a surprise announcement Tuesday, March 3, in an attempt to combat the "evolving risks to economic activity" caused by the ...

Officials are deeply worried that the incoming president's policies on immigration and trade will cause inflation to rise.

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

We recently compiled a list of the Top 10 Undervalued Tech Stocks to Buy According to Hedge Funds. In this article, we are ...

CNBC Select will update as changes are made ... the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the ...

Below, CNBC Select rounded up the best credit cards ... Wells Fargo Reflect® Card Best for travel rewards: Chase Sapphire Reserve® Best for paying rent: Bilt Mastercard® Best for premium ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.