The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.

The Federal Reserve targets an interest rate called the federal funds rate (FFR). The three rates the Fed sets to reach its FFR target range are: the discount rate, interest on reserve balances (IORB) ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

The Federal Reserve cut short-term interest rates by a quarter-point on Sept. 17 which will impact credit card rates, mortgage rates, and auto loans for some Massachusetts residents. The Fed board ...

Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.

As expected, the Federal Reserve made another move on Wednesday, cutting its benchmark interest rate by a quarter point for the second time in less than two months. It’s the second time the central ...