The Fed controls one interest rate: the federal funds rate, the short-term rate banks use to borrow from each other. The ...

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...

On Sept. 18, the Federal Reserve announced that it was cutting the Fed funds rate by 0.5%. To understand the impact on credit ...

The Federal Reserve cut its key overnight lending rate again on Thursday, following on the heels of a half-point cut in ...

Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

The second interest rate cut in a row will affect consumer borrowing costs. Here’s what it means for your credit card, ...

"For now, however, the effect of these cuts won't be ... no one should expect dramatically reduced credit card bills anytime ...

The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?