The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for ...
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...