The Latest Breaking News from Interest Rates

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.07%. Stocks today are little changed on uncertainty ahead of the FOMC’s...

The dollar index (DXY00 ) today is down by -0.12%. The dollar is trading defensively ahead of this afternoon’s FOMC decision. Heightened speculation the Fed will opt to cut the fed funds target range by 50 bp today instead of 25 bp is weighing on the dollar as swap markets...

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.11%. Stocks today are slightly higher ahead of the FOMC’s decision on...

As the Federal Reserve is expected to cut interest rates, investors are seeking defensive strategies, and the Utilities Select Sector SPDR Fund (XLU) stands out as a reliable option, offering stability, income, and a low expense ratio.

Lael Brainard discusses the US economy's turning point and the impact of lower interest rates on housing market accessibility.

The Federal Reserve's anticipated interest rate cut could impact inflation and the cost of living for Americans, with potential far-reaching implications f...

The Fed has announced an interest-rate cut for the first time in four years – what effect will it have on consumers?

CPI rise is below expectations for second month running, but Bank knows headline figure is far from the whole story

Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses