Members of the FOMC also provide their individual guesses on where the fed funds rate will be in the future. The consensus of those guesses is that interest rates are likely to be much lower by the end of this year, and even lower again in 2025 and 2026. Here's how many cuts could be on the table.

As rates fall after the Fed's September meeting, experts say it's a good time to look at large, financed purchases and refinancing debts.

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)

Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.

The Fed just made its first interest rate cut of 2024. Read on to see why the central bank still has work to do.

A U.S. economy that is rapidly returning to normal demands interest rates that are more normal too, Federal Reserve Bank of Atlanta President Raphael Bostic argued on Monday morning. With inflation closing in on the Fed’s target and the labor market in better balance,

The US Federal Reserve's decision to cut interest rates by half a percentage-point was "an appropriate and necessary first step," given progress on reducing inflation, a senior bank official said