A little recent history here: The Federal Reserve jacked up its benchmark interest rate — the federal funds rate — back in 2022 and 2023, to a high of 5.25-5.5%, in a bid to fight rampant pandemic-era ...

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 well ...

The Federal Reserve concluded its first meeting of 2026 by holding the federal funds rate (FFR) steady in the 3.50%-3.75% range. The market is currently pricing in two 25 basis point cuts in 2026 and ...

Wednesday's decision to reduce the benchmark federal-funds rate by a quarter point—to between 3.5% and 3.75%, a three-year low—is aimed at protecting against a sharper-than-anticipated slowdown in ...

The Federal Reserve has been cutting interest rates for more than a year, including last week’s cut. Although the central bank has less influence over the long end of the yield curve (dramatically ...