A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn ...
NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The ...
The Federal Reserve targets an interest rate called the federal funds rate (FFR). The three rates the Fed sets to reach its FFR target range are: the discount rate, interest on ...
Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.