The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

In addition, it’s expected to help maintain moderate long-term interest rates and a stable financial system. Fed funds is a key tool that lets the central bank manage the supply of money in the ...

The fed funds rate determines how much financial institutions charge each other when borrowing or lending excess reserves. That, in turn, influences interest rates on everything from car loans to ...

Just like savings rates and credit card interest rates, CD rates tend to move with the federal funds rate. When the Federal Reserve increases its benchmark rate, interest rates across the economy ...

With inflation steadily trending up since September, the Federal Reserve opted to hold steady on its federal funds rate in ... factor in where mortgage rates (and all interest rates, for that ...

Fed-funds futures traders were pulling back Tuesday on the possibility of any rate cut from the Federal Reserve during the first half of the year and pricing in a more than 50% chance of no action.