The federal funds rate is the main lever the Federal Reserve uses to manage the economy. In keeping with its mandate, the Fed prefers inflation to rise by 2% and for the labor market to be as ...

The Fed responded in kind over 2022-23 by delivering the largest rate hike since 1980, increasing the federal-funds rate by 5 percentage points. From July 2023 to September 2024, the Fed held the ...

To help consumers understand the historical significance of the Fed’s rapid rate hikes in the post-pandemic era, Bankrate compiled this guide of the Fed’s previous rate moves from 1981 to the ...

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...

For the second time in a row, the Federal Reserve kept the interest rates unchanged. The Fed funds rates remain at 4.25-4.5%. Meanwhile, the central bank affirmed two rate cuts this year. The “dot ...