Discover what the key rates is, including types like the federal funds and discount rates, and why it is crucial for bank lending and economic policy.

The Federal Reserve cut its benchmark interest rate by a quarter point for the third time since September, bringing it to ...

The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning bank account. Both are expressed as percentages, but an account' ...

It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...

Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out ...

The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a major impact on the finances of Americans across the board, ...

For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it was ...

Interest rates and bond prices exhibit an inverse relationship: when interest rates increase, bond prices decrease, and when rates decrease, bond prices increase. This occurs because newly issued ...

The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

High-interest debt has a bad reputation — and rightfully so. Debt that charges high rates is the most expensive for borrowers to carry. And the longer you leave it unpaid, the quicker the costs grow, ...