The Federal Reserve cut interest rates by 25 basis points on Wednesday. The central bank’s December meeting decision could affect some of the borrowing and savings rates consumers see every day. The Fed's announcement also comes amid expectations that ...

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The clock is ticking. And all eyes are on the scoreboard. With less than two weeks to go before the Federal Reserve meets to ...

FILE – Digital signs advertising homes for sale adorn the window of realty office, in Kendall in 2023. South Florida’s housing market may see a lot more cash buyers than other regions, but it remains sensitive to mortgage rate changes. The market has ...

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The Federal Reserve has kept interest rates on hold, as US rate-setters signalled they are in no rush to cut despite Donald Trump’s relentless campaign to drastically lower borrowing costs. The rate-setting Federal Open Market Committee said on Wednesday that economic activity was “expanding at a solid pace” and unemployment was showing “some signs of stabilisation” — hints that officials believe rates are now at an acceptable level for the world’s largest economy.