President Donald Trump vented his frustration with Jerome Powell once again on Wednesday, accusing the Federal Reserve chair of costing the U.S. $360B a year in refinancing costs. "Our Fed Rate is AT ...

While almost no one thinks Donald Trump's verbal attacks on Federal Reserve Chair Jerome Powell are a positive development, ...

The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point in coming years remains real despite current relatively high levels of ...

Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds ...

WASHINGTON -- The Federal Reserve, battling recession and a fearsome credit crunch, cut interest rates by a hefty three-quarters of a percentage point Tuesday and said the economic outlook has ...

But here's the good news: The FOMC estimates the federal funds rate will end this year somewhere between 3.88% and 4.12%, which implies up to two interest rate cuts from the current level of 4.37%.

Employers added 139,000 jobs in May – modestly above expectations – while the unemployment rate held at 4.2%. Wage growth remained steady at 3.9% year-over-year.

Julius Baer anticipates a series of 25-basis-point interest-rate cuts by the Federal Reserve starting in October, said chief economist David Kohl in a note. That would lower the Fed funds target ...

The median forecast of members of the Federal Open Market Committee is for more than three hikes for all of this year and three more next year, putting the Fed Funds target rate at 2.125% rate by ...

2 CEFs That Can Benefit From Fed Keeping Its Target Rate Higher. Apr. 28, 2025 3:54 PM ET FTHY, LQD, TLT, BGB ... Funds with floating rate exposure will tend to see more distribution adjustments ...

Fed-funds futures on Tuesday morning showed traders anticipate the Federal Reserve may keep its benchmark interest rate steady at its next two policy meetings and then potentially reduce it in ...

The median Fed funds rate is 4.33% vs. a jobless rate of 4.2%, which looks like an inflection point. If history’s a guide, this similarity will soon give way and open a gap that shifts the ...