“Another Fed rate cut to close an unnervingly uncertain year is good news for borrowers. The accumulated savings from the Fed’s moves are starting to add up to real money,” said Matt Schulz, chief ...
The Federal Reserve cut its benchmark interest rate by a quarter point for the third time since September, bringing it to ...
The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates ...