That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...