The Secured Overnight Financing Rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans. The secured overnight financing rate (SOFR) is a benchmark rate that reflects ...

The Fed’s overnight interest rate has now remained unchanged at a range of 4.25% to 4.5% since mid-December, after the central bank made no move at its meeting in January or on Wednesday.

If inflation or the jobs market deviate from where they should be, the Fed adjusts the federal funds rate (overnight interest rates) to influence economic activity and bring them back into line.

which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select explains how and why the Federal Reserve sets this rate, and how it affects the economy ...

Mortgage rates fell overnight after Trump announced sweeping tariffs. But will mortgage rates keep heading down?

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on ...

Turkey’s central bank raised one of its key interest rates in a surprise ... The monetary authority hiked the overnight lending rate by two percentage points to 46%, while keeping the main ...