Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
Wall Street rejoiced over this week’s interest rate cuts, but there’s another investor class that was just as enthusiastic: ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...