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 size of each rate change in basis points—abbreviated as bps—and the resulting federal funds target rate range. Basis points are a common unit of measurement for interest rates. One basis ...

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

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

In an effort to support the economy, the FOMC dropped the federal funds target rate to a range of zero to 0.25%. However, as the economy bounced back shortly after, so did inflation. The strained ...

Prices are now projected to rise faster than expected at least in part and perhaps largely due to Trump's plans to levy ...

The Federal Reserve’s key borrowing benchmark is currently in a target range of 4.25-4.5 percent ... Even so, the federal funds rate remains the highest since 2007, according to a Bankrate ...

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook. 8 Federal funds target rate 6 No ...

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

Wondering what’s in store for interest rates? 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 ...

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...

The Federal Reserve rolled out its last federal funds target rate cut at the December meeting, but the central bank opted to hold the rates steady in the March meeting. That said, while auto loan ...