The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...

Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...

The Fed releases a report called the Summary of Economic Projections (SEP) four times per year, which tells the public where ...

Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...

High CD interest rates may not stay where they are for much longer. Here's what to expect this April (and beyond).

What is the current federal funds rate? The current federal funds target interest rate is 4.25% to 4.50%. The Federal Reserve’s Federal Open Market Committee meets eight times a year to set this ...

With inflation ticking up and rhetoric about tariffs heating up, concerns about the future continue to rattle markets, and the Fed has indicated that it needs more time to see how ...

Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by first-half 2027, bringing it to a target range of ...

The current era is marked by a pandemic and ... from its post-pandemic peak of 5.25-5.5 percent. Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis ...

While central bankers held firm on the decision to keep the federal funds rate at its current range of 4.25% to 4.5% on Wednesday, the outlook is likely to shift in the coming months. The Fed's ...

The current pause creates a strategic opportunity ... among the winners of Fed rate cuts as they tend to follow the Fed funds rate’s direction, though not in perfect sync. Unlike deposit ...