After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
Discover what the key rates is, including types like the federal funds and discount rates, and why it is crucial for bank lending and economic policy.
NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers. We wanted to dig into this a ...
• The Federal Reserve said Wednesday it is keeping its benchmark interest rate unchanged while officials further study the economic impact of President Donald Trump’s sweeping tariffs. • In a ...