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Fed Funds Rate
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2:12
NBC News
Rob Wile
Federal Reserve goes big with half-point interest rate cut, its first since 2020
The Federal Reserve uses its federal funds rate, which serves as a benchmark for interest rates in the rest of the economy, as its main tool for regulating inflation and unemployment.
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1:01
Breaking News: The Federal Reserve raised interest rates by a 0.25% and signaled a faster pace of increases in 2017 as the Donald J. Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally strong economic reports, raised the target federal funds rate 25 basis points to between 0.50 percent and 0.75 percent. http://fxn.ws/2h1biBv | Fox Bus
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The Fed Raises Rates a Quarter Point and Signals More Ahead
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