United States Federal Reserve Stories

Although the Fed rate directly sets short-term borrowing costs for banks, its effects spill over into mortgages, auto loans, and credit cards across t...

The projection is pegged on the move by the United States central banking system, the Federal Reserve, to enact the third consecutive interest rate cu...

The lender says developing nations will be looking to leverage the easing cost of accessing loans to acquire more funding.

Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.