The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.
The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%. The decision comes after policymakers slashed rates by0.5 perc...
The Federal Reserve said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably.
News: The Federal Reserve raised its benchmark interest rate by 0.25%, which is the eighth straight hike in rates in less than a one-year period. The Fed also gave a little indication that the end of this...
Access reliable forecasts and insights on the United States' interest rate. Make better decisions with insight from the world's top economists.
Mortgage demand drops for the first time in 5 weeks, after interest rates rise Wed, Dec 18th 2024 Economy The Fed has a big interest rate decision coming Wednesday. Here's what to expect Wed, Dec 18th 2024 CNBC Fed Survey The Fed is likely to cut rates, but some worry it may not be...
Economist Peter Morici reacts to the Fed signaling that it could cut interest rates three times in 2024, on 'Varney & Co.' TheFederal Reserveis set to begin the New Year after it signaled that a momentous shift in monetary policy is underway amid signs that high inflation is finally beginn...
The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week. Tim SmartJan. 27, 2025 Trump Will 'Demand' Lower Interest Rates Days before the first Federal Reserve meeting of 2025, Trump said that he would "demand" lower interest...
The onset of some financial pain is exemplified by the housing market, where the average interest rate for a 30-year fixed mortgage briefly exceeded 8% on Monday,Mortgage News Dailydata shows. High mortgage rates have dramatically slowed the housing market, since homebuyers have balked at t...
The latest news from the Federal Reserve. Extensive coverage and analysis of the Fed's monetary policy decisions and reports, including updates on US interest rates.