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 ...

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 ...

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 ...

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.

Learn about high-yield savings accounts and how they can help you reach your financial goals faster. Compare interest rates ...

Domenico Ferraro, PhD: “Typically, the stock market tends to react positively to a reduction in the federal funds rate. This positive reaction occurs because lower current interest rates are ...

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 ...

CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...

The Federal Reserve concluded its second meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as expected. Recent indicators suggest that economic activity has continued to ...