Don’t expect the Federal Reserve to provide it. With the Fed expected to hold its key interest rate steady at the end of a two-day meeting Wednesday, the drama will center on the number of rate ...

Let’s start with a recap of the Fed’s actions over the last several years. The federal-funds rate had been near zero during the pandemic in order to buffer the economy from that shock.

U-M forecasters expect the next Fed rate cut to take place at the Fed's June 17 and June 18 meeting. The Federal Reserve was set to meet shortly after St. Patrick's Day and consumers, according to ...

The dot plot also revealed the Fed kept its longer run federal funds rate projection at 3% and kept its end-of-2025 midpoint federal funds rate forecast at 3.9%, still calling for a pair of rate ...

That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it has sat since December. The Fed has now stood on the economy’s sidelines for two consecutive ...

Even if the Fed cuts rates later this year, as many expect, how much of a difference that will make depends on the type of debt you have and the amount you owe. Credit cards: The average rate on ...

“Uncertainty around the economic outlook has increased,” the central bank’s rate-setting committee said in its post-meeting statement. Fed officials met against a backdrop of anxious ...

This important factor, along with several more, make it difficult to predict the timing of the highly anticipated 2025 Fed rate cuts. When the Fed adjusts rates — or holds steady as expected ...

Futures markets price in rate cuts for June, July, October Fed chief Powell says central bank in no rush to cut rates Economists warn of inflation risks from tariffs March 10 (Reuters ...

While annual percentage yields (APYs) have dipped at some banks since the Fed's January rate pause, we haven't seen any major changes to the top accounts we track at CNET. This latest pause is ...

Consumer inflation cooler than expected in February Tariffs could rekindle price pressures, slow the economy Fed to keep policy rate unchanged next week Pace of rate cuts will depend on impact of ...