The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
The Labor Department reportedt hat jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...
Rate cuts When will interest rates go down ... meets eight times a year to discuss adjusting the federal funds rate, a benchmark that governs overnight lending between commercial banks.