Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since ...

The Federal Reserve shapes the economy by adjusting the fed funds rate, which directly affects certain borrowing costs for consumers and businesses. Lowering rates tends to benefit those with ...

The fed funds rate (also known as the federal funds target rate) is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select explains how and why the Federal ...

"We're going to take it meeting by meeting," Federal Reserve Chair Jerome Powell said on Wednesday. The Federal Open Market Committee meets again in November. The Federal Reserve’s decision this ...

One stock especially rises to the top, though. This stock also has excellent long-term growth prospects that go beyond the Fed's rate cuts. This stock was already hot before the Fed announced its ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

A good measure of credit should go to the Federal Reserve and the manner in which it operates – and yet that is now under threat. The real mark of the Federal Reserve’s achievement ...

Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and ...

Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted. By Jeanna Smialek Inflation cooled in August ...

The fallout of the Federal Reserve’s major interest rate cut last week hasn’t gone exactly to plan, as perhaps the most crucial borrowing metric has gone higher and the market now expects the ...

“In our view, the Fed’s jumbo cut increases the chance of a soft landing, but by no means ensures it. Our baseline is still for the unemployment rate to reach 4.5% before the end of 2024 ...

The lone dissenter to the Federal Reserve's jumbo rate cut said that "a smaller first move in this process would have been a preferable action" because inflation is still not down to the central ...