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 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.

Sean Messier is a personal finance writer with a focus on credit. He’s written for Credit Card Insider, plus several other national and global brands. Tfilm / Getty Images The Federal Reserve cut its ...

Inflation is top of mind for the average American, yet experts say we are spending cash in record amounts. It seems credit cards have been the band aid to make ends meet these days. In fact, Americans ...

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 Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.

For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

What house hunters, job seekers, credit-card users, car shoppers and cash savers should know about the Fed's quarter-point rate cut. The first Fed cut of 2025 just arrived. Here's what it means for ...

If you were hoping the Federal Reserve's December rate cut would make your credit card bill easier to pay off, credit specialist John Ulzheimer says there are other, more important factors to consider ...

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 ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled.