Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

On Wednesday, the Federal reserve’s Federal Open Market Committee left the target federal funds rate unchanged at 4.25-4.5 percent.

Pricing in the federal-funds futures market showed traders were leaning toward no interest-rate cut by the Federal Reserve before July, as they weighed the latest U.S. jobs report on Friday. Fed-funds ...

market expectations continue to anticipate a rate cut, if not at next month’s policy meeting then by June. TMC Research’s Fed Funds Model also suggests that easing monetary policy is ...

Money market funds do not have Federal Deposit Insurance Corp., or FDIC, insurance. That means they don't have the same insurance as the money you leave in the bank. However, these funds invest in ...

The Federal Open Market Committee (FOMC) sets the benchmark rate, which impacts the rates auto lenders set. When the federal funds rate fluctuates, so will the cost to finance a vehicle.