Fed-funds futures traders were reacting to Federal Reserve Chairman Jerome Powell's first day of testimony by factoring in a slightly greater chance of no action or only one rate cut by year-end. They ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

Federal Reserve rate cuts likely won't make a huge difference for CD investors, and you may have better options. Find out why ...

U.S. stocks started lower on Tuesday as investors await Fed Chair Powell's remarks about the economy, tariffs, inflation and ...

The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...

Fed decided to keep its target rate in the 425-450 area. Read why Powell's last speech had the rhetoric to reinforce bullish ...

That has lowered borrowing costs for credit cards, some mortgages and auto and other loans, and sparked a stock market rally.

Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, ...

The Dow Jones rose on the stock market today as Fed Chair Jerome Powell spoke on interest rates. A Warren Buffett stock ...

President Donald Trump blasted the Federal Reserve and Chair Jerome Powell on social media Wednesday for pausing rates cuts ...

Before the Great Recession, the market-driven “effective” federal funds rate averaged 6.38 percent. Rate moves are expressed in “basis points,” which are equal to 1/100 of a percentage point.

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