Find the latest news and commentary on the Federal Reserve, meeting notes and board members. Learn more about how the Federal Reserve impacts your money.
Joblessness has surged to catastrophic levels not seen for nearly a century.
It’s not as if the Fed goes out and contacts every U.S. lender.
The Fed’s actions have a great deal of influence on your money.
This wonky term has major implications for the U.S. economy, monetary policy and your pocketbook.
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Not fluent in Fed? Here’s the plain-English translation.
Rate changes by the Fed affect mortgages, credit card debt, auto loan rates and savings differently. We look at how the changes affect an average couple’s finances.
After 11 rate cuts in 2001, rates are at or near their low points in this cycle. Use these strategies to minimize overall borrowing costs and maximize savings returns.
After Alan Greenspan’s latest speech, pundits predict the Fed won’t touch rates after all.
The latest interest rate move from the Federal Open Market Committee.
Could it be the last?