For instance, a half a percentage point change in an interest rate would equals 50 basis points. Please note that before 1990, the Fed didn’t explicitly target a set federal funds rate.

The low point was in September 2024. The Fed started rate cuts at the low point ... and in January and February red-hot, off-the chart (literally), with 14.5% and 12.6% annualized month to ...

So did the Fed, noting in its policy ... The average variable rate on such funds was 4.14% as of Tuesday, according to the Crane 100 Money Fund Index. Keep in mind, money market funds are not ...