The Federal Reserve, in addition to its main interest-rate ... the fed funds rate to 4.25% to 4.50%, the new RRP rate is 4.25% — in line with the lower bound for the first time since 2021.

While the Fed was practically guaranteed to cut rates at that Sept. 17-18 meeting ... s benchmark rate now sits between 4.75 and 5 percent. The 30-year mortgage rate is at 6.12 percent, according ...

In this piece, we’ll look at the 17 ... Fed Chair Jerome Powell noted that “We have been moving sideways on 12-month inflation,” and used the data observation to project two rate cuts ...

called on the Fed to make a 75-basis-point emergency cut in the next week and an additional federal funds rate cut at its Sept.17-18 meeting . As of today, traders are projecting a 60% chance of ...

Not a bit. Not cutting rates is what would have been political. On Wednesday, the Fed’s rate-setting Federal Open Market Committee cut the target range for the federal funds rate — the short ...