A cut in federal interest rates won’t necessarily mean better mortgage rates or lower prices for Utahns looking to buy a home, industry experts say. The Federal Reserve cut its benchmark interest rate ...

In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House. By Tony Romm and Colby Smith Two days after the Federal Reserve ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

While the Fed does not directly impact mortgage rates, it sets the federal funds rate, which is what banks charge each other for overnight loans, as per a report. The Fed Chair Jerome Powell along ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...

“Big Noon Kickoff” starts at 8 a.m. MDT and will be broadcast live on Fox. The two-hour show will run for approximately an hour and 15 minutes on Guardsman Way before transitioning inside Rice-Eccles ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...

CHARLESTON — For anyone in the market to buy a house on borrowed money, the Sept. 17 rate cut by the Federal Reserve could signal good news. But it's important to know that while the central bank's ...

The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time since December of 2024. A rate cut would give Americans a sliver of relief on a wide range of ...

When I first encountered the idea of “aura points” — TikTok lexicon that took off in the late spring of 2024, meaning it’s basically an archival trend now — I’ll admit it. I went for the bait. Bless ...