The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

Housing is most people's largest monthly expense. See how much of the typical homeowner's income goes toward housing costs.

Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...

On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest ...

The Federal Reserve’s interest-rate cut on Wednesday will take time to work its way through the American economy. And not ...

As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...

The Wall Street Journal reported that home values rose for the second consecutive month in June, driving the national median existing home price to $426,900. The Journal pointed to a combination of ...

Silver price appreciates as the non-yielding asset becomes more appealing after the bumper 50 basis point Fed rate cut. BoE, ...

Each week The Last Word will offer a review of the week's events and their impact on the markets.

In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.

Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...