As Chairman Powell's message that 'the time has come' to drop rates resonates, a poll of economists suggests three cuts for 2024.

Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.

MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds

In a long-anticipated move, the Federal Reserve this week initiated a cut to the federal funds rate. While the magnitude of the cut came as a slight surprise -- analysts expected a smaller 25-basis-point cut compared to the 50-basis-point cut that was announced -- it is still believed to be the first of several additional cuts it will likely vote for over the next few years.

The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.

The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,

The Federal Reserve cut rates for the first time since March 2020 at its September meeting. Savings rates decreased leading up to the Fed meeting and you may see slight dips in the coming weeks. You can still earn north of 5% APY with today’s best savings accounts and CDs.

Key Takeaways Now that the Federal Reserve has begun to lower its key fed funds rate, the question before policymakers is how fast and how far to reduce it in the coming months.Many economists expect the Fed to cut rates twice more this year,