In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.

The Fed's rate cut won't necessarily slash credit card interest rates, but it could help you get rid of your card debt.

The Fed just cut interest rates for the first time in four years. What it means for savings, CDs, mortgages and more ...

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Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

The Fed also announced more cuts are likely before the end of ... If you haven’t snagged one of their cards before, now might ...

Since the Fed’s new target interest rate is now 4.75 to 5.00%, the prime rate will be around 7.75 to 8 percent. Credit card issuers often have what’s called a “variable” APR, for example, 19.99% to 29 ...

According to the Federal Reserve, the average auto interest rate is hovering around 8.2%. In 2019, it was 5.3%. Sign up for ...

The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

The Federal Reserve’s interest-rate cut on Wednesday will take time to work its way through the American economy. And not ...