Interest Rates


  • US Economy Is 'Deeply Worrisome': Fed's Yellen Thursday, 30 Oct 2008 | 4:22 PM ET
    Janet L. Yellen

    Recent trends in the U.S. economy are "deeply worrisome" at a time damage from the credit crunch has outpaced the Federal Reserve's huge interest rate cuts, a top Fed policy-maker said Thursday.

  • Home For Sale - Reduced Priced

    It seems as if every day there is another mortgage rescue plan being bandied about the business pages and the cable waves, so why should today be any different?

  • Credit Fixes That Stick Wednesday, 29 Oct 2008 | 9:09 PM ET

    Credit card companies are making plenty of fixes on their end to make it more difficult to get the best rates. What are you doing about it?

  • Why the Rate Cut Matters Wednesday, 29 Oct 2008 | 8:13 PM ET

    Don’t believe the naysayers, Cramer says. We needed the Fed to take action.

  • Is Easy Money The Way Out? Wednesday, 29 Oct 2008 | 6:25 PM ET

    As we told you yesterday Ben Bernanke didn’t want to take any chances by disappointing the Street. But will another rate cut really solve any of our problems?

  • Dow Falls Off a Cliff in Final Minutes of Trading Wednesday, 29 Oct 2008 | 5:38 PM ET

    If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.

  • Pimco's Gross: Rates To Hold Steady Or Decline More Wednesday, 29 Oct 2008 | 5:02 PM ET

    As the Federal Reserve slashed a key interest rate by 50 basis points on Wednesday, Pimco's Bill Gross said he expects rates to hold or decline to 1 percent.

  • Rate Cut Doesn't Give Stock Market Much of a Boost Wednesday, 29 Oct 2008 | 4:05 PM ET
    Traders at the NY Stock Exchange

    The stock market collected on its rate-cut IOU today from the Fed, but it didn't end up changing the mood on Wall Street.

  • Stop Trading!: Europe, Please Stand Up Wednesday, 29 Oct 2008 | 3:26 PM ET

    Investors could lose any gains seen in Tuesday's 889-point Dow rally if the ECB doesn't follow the Fed's lead.

  • Stocks Pull Back After Fed Cuts Rates Wednesday, 29 Oct 2008 | 2:43 PM ET

    Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.

  • Fed Rate Cut Fails to Deliver Much Impact on Stocks Wednesday, 29 Oct 2008 | 2:25 PM ET
    Traders at the NY Stock Exchange

    Wall Street is waiting to collect on a rate-cut IOU today from the Federal Reserve, but the central bank's move is unlikely to cause a major shift in the markets.

  • Text: FOMC Statement Wednesday, 29 Oct 2008 | 2:19 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Below is the statement released by the Federal Open Market Committee after its Oct. 28-29 meeting on interest rate policy:

  • Do We Need a Rate Cut? Former Fed Officials Weigh In Wednesday, 29 Oct 2008 | 11:33 AM ET

    The Federal Reserve will unveil its decision on interest rates Wednesday afternoon, and a cut is widely expected by investors. CNBC asked former Federal Reserve officials to weigh in on the upcoming decision.

  • Stocks Wobble as Market Waits on Fed Wednesday, 29 Oct 2008 | 11:30 AM ET

    Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.

  • Wake Up America—Home Prices ARE Falling Wednesday, 29 Oct 2008 | 11:25 AM ET
    Reduced Price

    Who’s most deluded? Many of you folks in the Northeast. Apparently about 55 percent of you think your home would sell for the same or more than it would a year ago. Zillow says 71 percent of homes in the Northeast have lost value.

  • Crescenzi: Three Reasons Fed Rate Still Matters Wednesday, 29 Oct 2008 | 10:50 AM ET
    Tony Crescenzi

    The real story regarding the Federal Reserve is its various liquidity operations; the federal funds rate is second fiddle. The federal funds rate nonetheless remains a powerful tool and it would be a mistake to dismiss its importance for two reasons.

  • Stocks Open Lower as Market Waits on Fed Wednesday, 29 Oct 2008 | 10:18 AM ET

    Stocks opened lower Wednesday as the market waited for the Federal Reserve's decision on interest rates.

  • Futures Slide as Durables Pop Fizzles Wednesday, 29 Oct 2008 | 8:47 AM ET

    Futures tilted lower Wednesday, after a fleeting boost from an unexpected jump in durable-goods orders, as the market waited for the Federal Reserve's decision on interest rates.

  • Web Extra: Fast & Furious Trades For Wednesday Tuesday, 28 Oct 2008 | 6:48 PM ET

    In this Web Extra the traders reveal how they're playing the Fed meeting, Procter & Gamble, Kellogg, and more.

  • Rate Cut Hopes Tuesday, 28 Oct 2008 | 6:21 PM ET

    Traders believe it’s all but certain the Fed will cut rates for the second time this month. The big question is, just how low will the Fed go?