
Finance News
How the Federal Reserve sets interest rates
Eight times a year a committee in Washington moves one overnight rate, and the ripples reach your savings yield, card APR, and mortgage — here is the chain.
Corporate decisions with household consequences: bank fee changes, lending standards, insurer pricing, and hiring or wage moves in regional job markets.

Eight times a year a committee in Washington moves one overnight rate, and the ripples reach your savings yield, card APR, and mortgage — here is the chain.

The Federal Reserve lowered its target range to 3.50%–3.75% on December 10, 2025, and the effects reach savings accounts, credit cards, and loans at very…