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 bank says it expects right now.

These are today's mortgage and refinance rates. Mortgage rates are back down below 7%, but they're unlikely to drop much ...

Compare current adjustable-rate mortgage (ARM) rates to find the best rate for you. Lock in your rate today and see how much you can save. Current ARM Rates [myfi_generic_widget ...

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 federal funds rate impacts savers and borrowers alike ... encouraging an economically healthy level of employment, and current conditions potentially put these two missions at odds.

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 ...

The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...

But here's the good news: The FOMC estimates the federal funds rate will end this year somewhere between 3.88% and 4.12%, which implies up to two interest rate cuts from the current level of 4.37%.

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

which measures market expectations for Fed fund rate changes, currently projects an 80% chance the Fed will keep rates at its current range of 4.25% to 4.50%. Economists are keeping a close eye on ...