How inflation is falling but slower than experts anticipated 02:17. A top question on the minds of investors and consumers alike is when might the Federal Reserve make its first interest rate ...

When the Federal Reserve concluded its policy meeting Wednesday, the Fed lowered its benchmark, short-term federal funds rate by a half-percentage point, or 50 basis points, to a range of 4.75% ...

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.

In recent years, the focus has been on how much and how fast the Federal Reserve would raise interest rates. In 2024 there is some prospect that rates will be cut.

The Federal Reserve’s likely to lower interest rates again this week, but the cut may be so small that consumers may hardly feel it, analysts said. When the Fed concludes its policy meeting ...

The average interest rate for a 30-year fixed mortgage stands at nearly 6.7%, well above an average rate four years ago of 2.6%, Freddie Mac data shows. A small rate cut by the Fed would ...

The move, the Fed's third rate cut of the year, reduces the central bank’s target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects just two ...

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. “The (Fed) has gained greater confidence ...