One major influence is inflation. The Fed's goal is to maintain an inflation rate of around 2%. Inflation has been above that for some time, which is why the Fed held interest rates on the high side.

The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...

This matters for your wallet because Fed decisions ripple through nearly every aspect of household finances — from what you earn on savings to what you pay on loans. While some will feel an ...

Gold prices continue to fall as dollar firms; CPI, Fed cues in focus By Investing.com - Nov 11, 2024 4 Investing.com -- Gold prices fell Monday, extending losses from last week as the dollar ...

But the Fed’s independence could be compromised once President-elect Donald Trump returns to the White House. “I feel the president should have at least a say in there. I feel that strongly ...

The Fed's quarter-point cut was widely expected by economists. Mortgage rates generally follow the path of that benchmark rate – but not recently. When the Fed met in September, it cut rates by ...

The Fed cut interest rates by 50 basis points in September — the first cut in four years and one twice the size of the central bank's typical 25-point increments — following aggressive ...

The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut. Market attention probably will turn to what Chair Jerome Powell ...

The US Federal Reserve will begin its deliberations for the latest monetary policy decisions today, November 6, and will announce its new benchmark interest rate decision on Thursday, November 7.

The Federal Reserve is widely expected to cut interest rates by a quarter-percentage point at its meeting that ends Thursday. The bigger question is how many more cuts officials expect will be ...

First and foremost: a belt should hold up your pants. We know this, you know this, every ‘70s-era leading man in hip-hugging jeans knows this. More than their practical benefits, though ...