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 ...

CD interest rates are loosely based on the federal funds rate, though banks and ... according to the St. Louis Fed’s 3-month historical CD rates chart. While rates were high in the 1980s ...

Commissions do not affect our editors' opinions or evaluations. The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy. It impacts everything from the ...

As the federal funds rate decreases, you can expect CD ... the more they profit. The graph below uses historical FDIC data to display national average rates on CDs from 2009 to 2023 and highlights ...

Traders in the federal-funds futures market are expecting the Federal Reserve will hold its benchmark interest rate steady until June, when they anticipate a potential rate cut. Fed-funds futures ...

as speculation grows about the likelihood they will lower the federal funds rate, the benchmark lenders use to determine the cost of borrowing. Having held back during several previous meetings ...

making the Fed less inclined to cut rates. Making a chart of the federal funds rate in 2025 might turn out to be the easiest job in finance. As inflation stays stubbornly high and jobs hold steady ...