The Federal Reserve on Wednesday announced its second consecutive interest rate cut, bringing the benchmark interest rate to the lowest it’s been in three years. The quarter-point rate cut passed in a ...

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...

The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...

The Federal Reserve has cut rates for the third and final time this year. At its Dec. 10 meeting, the Fed reduced rates by 0.25 of a percentage point, making the new federal funds rate 3.5% to 3.75%.

The second interest rate cut of 2025 is likely to hit before Halloween once the Federal Reserve concludes its two-day policy meeting on Oct. 28 and Oct. 29. At least, that's what most analysts expect.