Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

(This story was updated because an earlier version included an inaccuracy and to add new information.) After slashing its key interest rate by a hefty half percentage point in September, the ...

On Sept. 18, 2024, the Federal Reserve cut rates for the first time in over four years, lowering the target federal funds range by half a percentage point, or 50 basis points, to 4.75% to 5.00%.

Tune in to find out if the Fed is cutting interest rates this month, plus a look at what's to come. Evan Zimmer has been writing about finance for years. After graduating with a journalism degree ...

Inflation at 2.1% by Fed's targeted measure; goal is 2% Employment cost index falls to lowest in more than 3 years Underlying inflation, election cloud 2025 rates outlook Oct 31 (Reuters) - With ...

Nov 5 (Reuters) - Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening. Traders of ...

WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the ...

Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates. By Jeanna Smialek Federal Reserve officials cut interest rates ...

A new poll released Monday with just hours to go until Election Day shows Vice President Kamala Harris with a four-point lead over former President Trump nationally, while the gender gap between ...

“The economy is doing terrific at this point,” Torres tells Yahoo Finance, adding, “The 50-basis-point reduction wasn't needed. It really added fuel to the fire.” The economist says he ...

After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to lower rates by a more measured quarter point Thursday and several times next ...