Tennessee sets a new state interest rate at 11.50 percent, linked to the federal prime rate plus 4 percent, as announced by ...

The Fed won't lower rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June.

Lower rates can stimulate the economy, and Cramer said the data in the CPI report gives the Fed room to cut, which would benefit the market as a whole. The central bank may actually have to cut, he ...

Inflation could continue to be ‘persistent’ and prices could potentially increase again, Federal Reserve Governor Adriana ...

Take the prime rate, a benchmark for consumer ... as companies are able to grow more cheaply. The federal funds rate doesn’t just impact interest rates, though. Its impact can be felt throughout ...

Returns on savings accounts, interest-bearing checking accounts and CDs typically track the prime rate, which in turn tracks the federal funds rate. When the prime rate goes up, you can expect CD ...

Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...

Wall Street is on edge as concerns about an impending recession continue to grow, fueled by market volatility, new trade tariffs imposed by the Trump administration, and fears that a slowdown could ...

They do have an impact, however, because the federal funds rate is tied to the prime rate, which is used to calculate variable interest rates, like the ones for cards. has an excellent ...

President Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 ...