The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's actually a target rate range.

The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the ...

The Federal Reserve has a number of functions to help the U.S. economy operate efficiently. One of the most visible functions ...

The federal funds rate is the rate banks charge each other for lending funds overnight, and it’s typically set by the Federal Reserve eight times each year. CD rates were exceptionally high from ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

the federal funds rate. That’s what banks charge one another for borrowing and lending money overnight. It’s important as a signal — a red or green light for stock traders — and “it ...

The FOMC decides if and when to change the federal funds rate, the interest rate banks charge to borrow money from their reserve balances overnight. By setting a target range for this rate ...

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...