Fed's Powell cautions little conviction in forecasted rate outlook Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in the central bank's interest rate ...

The Federal Reserve meets for fifth two-day rate-setting session of 2025 on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on June 18 ...

The Federal Reserve declined to adjust the federal funds rate after its June 18 meeting, leaving the benchmark range at between 4.25% and 4.50%, where it's been since December 2024. Few expected a ...

The federal funds rate is the target interest rate set by the Federal Reserve. It dictates the interest that commercial banks charge each other to lend extra reserves overnight. That, in turn ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

The food pantry has been doing more with less since their partner, the Houston Food Bank, lost some federal funding. “Their stuff is cut. And if their stuff is cut, our stuff is cut.