Federal Funds Rate News
Fed chair: Waiting too long to hike interest rates is 'unwise'
Federal Reserve Chairwoman Janet Yellen testified before Congress for the first time since President Trump took office.
How to Handle the Coming Bond Market Turbulence
The Federal Open Market Committee, the Federal Reserve Board group that sets monetary policy, is poised to hike interest rates this year, prompting corporate and Treasury bond investors to seek the best ways to position for the expected impact. In December of 2016, the Fed increased the federal
How Fed Rate Hikes Will Impact Borrowers Next Year
The Federal Reserve raised interest rates on Dec. 14 for only the second time in a decade. You probably saw some headlines about mortgage rates or credit card costs and then went back to furious holiday preparation or clicked on another story about Donald Trump . After all, what’s a quarter point?
Janet Yellen Talks Fed Rate Hike
The Federal Reserve Board Chair says Fed will end 7-year interest rate freeze.
Why the Fear of Fed Interest Rate Increases Makes Little Sense
Based on what financial talking heads are saying, you’d think that rising interest rates would be something of an Armageddon for the stock market. You can’t turn on the tube or open up a newspaper financial section without seeing a stream of speculation about when the Federal Reserve Board will
What to Know About the Anticipated Increase in Interest Rates
Federal Reserve chairwoman finally laid some jitters of investors to rest when she said that interest rates are likely to rise later this year, which can affect everything from your savings to credit card fees. The Federal Reserve has kept short-term interest rates near zero since 2008, so many
Federal Reserve Leaves Interest Rates Unchanged
Interest rates will remain at the level they've been since 2006, though experts say a hike is expected later this year.
What Households Should Know Following Fed Decision to Keep Interest Rates Unchanged
The Federal Reserve's decision today to keep interest rates unchanged may mean consumers can make some decisions while rates remain near zero. Mark Zandi, chief economist with Moody's, said he expects the Fed to begin raising rates before the year is over. "However, the longer they wait to begin
How Today's Federal Reserve Meeting Could Influence Your Bottom Line
The nation's central bank is meeting today in a long-awaited two-day meeting that may influence everything from mortgage rates to how much people save in the bank. The Federal Reserve has kept short-term interest rates near zero since 2008, but many economists expect the Fed to raise rates at this
November Jobs Blowout, 321K Jobs Added
Okay. It is Friday December 5 the markets and New York RON and a big number this morning 321000. Well that's a huge number of jobs added the economy in November blowing past estimates of 235000 than economists were looking for. Now November's figure it's the biggest monthly jobs gain since January