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 ...
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
After 14 months of stagnancy, the Federal Open Market Committee (FOMC) lowered the federal funds rate three times in 2024, ending the year with a target range of 4.25% to 4.50%, the lowest since ...
Today's widely anticipated Fed rate announcement will impact how much you can earn on savings accounts and CDs. Here's what to expect in the new year.
All eyes will be on the "dot plot," a chart updated quarterly that shows the prediction of each Fed official about the direction of the federal funds rate. In September, as the central bank ...
Bar chart of federal funds rate projections. The U.S. Commerce Department reported earlier on Friday that inflation, based on the Fed's preferred measure, was 2.4% last month, less than what ...
The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate. The dot plot is updated every three months and is meant to ...
including the Fed's famed "dot plot," a chart showing where Fed policymakers think the federal funds rate will go in the future. In the previous set of economic projections, policymakers were ...
Powell might be taking a lesson from history. The chart below shows the federal funds rate going back to the 1960s, with recessionary periods highlighted in gray. You might notice that recessions ...
Investors in interest-rate futures markets expect the Federal Reserve to stay on hold with interest rate moves until May or June, projections that didn't change much after minutes from the Fed's ...