News about Interest Rates, including commentary and archival articles published in The New York Times.

The federal funds rate is an interest rate banks charge each other when lending and borrowing excess reserves. Here's how it affects your wallet.

Tariffs, the Fed and mortgage rates The central bank is responsible for ensuring full employment and controlling inflation, mainly by setting short-term interest rates for banks.

As Trump's trade war heats back up, the outlook for Fed cuts and lower mortgage rates isn't great.

Mortgage rates have fluctuated dramatically in the last 50 years of recorded data by Freddie Mac. While rates peaked at 7.79% in October 2023, this still pales compared to the spikes in the early ...

The Fed meets 8 times a year to set monetary policy that affects how Americans borrow and save. Here's when its rate-setting committee meets next — plus a recap of past meetings.