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  2. Here's how the Fed's interest rate cut today could impact ...

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    The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...

  3. Federal Reserve decides not to change interest rates despite ...

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    After increasing interest rates to their highest levels in decades in 2023, the Federal Reserve started easing interest rates in September 2024 as annual inflation rates began stabilizing below 3%.

  4. Mortgage and refinance rates for Dec. 18, 2024: Average rates ...

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    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  5. Federal Reserve holds interest rates steady, lowers forecast ...

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    The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one. Federal Reserve holds interest rates steady, lowers forecast to 1 ...

  6. Fed Meeting Live Updates: Powell discusses latest rate cut ...

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    McBride joins Local News Live to preview today’s announcement from the Fed. ... The first Federal Reserve interest rate cut since the pandemic set the stage for home equity rates to fall, with ...

  7. Savings interest rates today: Highest yields at 5.50% APY as ...

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    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

  8. Savings interest rates today: Last call on yields of up to 5. ...

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    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

  9. Fed cuts interest rates for third and final time this year ...

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    The move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.