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.

GREENSBORO, N.C. — If you have credit cards, loans, and a savings account, the recent cut by the Federal Reserve on short-term interest rates likely impacts you. Consumer Reports breaks down the ...

With a Senate vote looming closer, consumers stand to lose some of the ability to rack up airline miles and hotel points via credit card spending; some issuers may have to change their rewards model.

Cantankerous and increasingly cautious consumers — perhaps put on edge by seemingly shrinking paychecks, a weaker job market and stubbornly high prices — gave the Federal Reserve more room to cut ...

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 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.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Rising inflation and tariffs aren’t stopping Americans from ...

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.

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 ...