federal reserve

Breaking Fed news

In a surprise move, the Fed cut a key rate to 1.5 percent.

  • Fed rate cut winners and losers
    The Federal Reserve cut the federal funds rate. How will this affect your bottom line?
  • Smart money moves after the Fed
    Take advantage of the action by the Federal Reserve with these money moves.
  • How soon will it hit you?
    The Fed cut rates today, but when will your finances feel it?
  • Fed Outlook
    Greg McBride explains why the Fed and other central banks around the world made a surprise cut.
  • Glossary
    Get help understanding some economic lingo such as GDP, PCE, monetary policy and more.
  • Video: Fed rate cut and you
    Greg McBride explains the Fed rate cut and how it affects you.
The Federal Open Market Committee

The rate-setting Federal Open Market Committee meets at least eight times a year. Its members include the Board of Governors of the Federal Reserve System, the president of the Federal Reserve Bank of New York and a rotating selection of presidents of the other 11 reserve banks. Its members are:

  • Ben S. Bernanke, Board of Governors, chairman
  • William C. Dudley, New York, vice chairman
  • Denise P. Lockhart, Atlanta
  • Donald L. Kohn, Board of Governors
  • Charles L. Evans, Chicago
  • Jeffrey M. Lacker, Richmond
  • Janet L. Yellen, San Francisco
  • Kevin M. Warsh, Board of Governors
  • Elizabeth A. Duke, Board of Governors

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.28%  0.02 4.26%
15 year fixed, 0 point 3.30% --0.00 3.30%
5/1 ARM 3.35%  0.05 3.30%
 
View Rates in your area Search
Product Rate Change Last week
30K FICO-based HELOC 4.74%  0.01 4.75%
50K FICO-based HELOC 4.53%  0.02 4.51%
100K FICO-based HELOC 4.26%  0.02 4.24%
 
View Rates in your area Search
Product Rate Change Last week
60 month used car loan 2.86% --0.00 2.86%
48 month used car loan 2.79% --0.00 2.79%
60 month new car loan 2.94% --0.00 2.94%
 
View Rates in your area Search
Product Rate Change Last week
1 Year CD 0.89%  0.00 0.89%
2 Year CD 1.02% --0.01 1.01%
5 Year CD 1.59% --0.00 1.59%
 
View Rates in your area Search
Product Rate Change Last week
Balance Transfer Cards 15.67%  0.04 15.71%
Cash Back Cards 16.32%  0.04 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
Search
advertisement

Blog

Judy Martel

Slow thaw in housing

March housing numbers reflect problems with costs, supply and demand.  ... Read more

advertisement
Partner Center
advertisement

Connect with us