The tables below list the dates of Fed meetings when the FOMC changed interest rates, the size of each rate change in basis points—abbreviated as bps—and the resulting federal funds target ...

The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress on inflation.

Due to the existing macroeconomic conditions, borrowers looking for new loans in 2024 will feel the sting in their pockets as interest rates continue to rise. Impact of the Fed rate hike on ...

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...

The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans caught a ...

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...

From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted by Fed moves.

However, the Fed has already raised the interest rate by five percentage points since March 2022. As Reuters explains it, the gradual increase helps cushion the negative impacts of higher interest ...

The Federal Reserve said Wednesday afternoon it won’t move interest rates, matching expectations from economists and ...

The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range of 4.25 percent to 4.5 percent, despite calls from President Trump to lower borrowing costs amid price ...

After admitting inflation wasn't transitory, Fed Chair Powell embarked on the most restrictive pace of interest rate hikes since Fed Chair Volcker battled inflation in the early 1980s. As a result ...