The Federal Reserve Board (the "Fed") seldom does anything newsworthy, but recently it did just that. It lowered its "target range" for something known as "the federal funds rate" by one half of one ...

Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 (Reuters) ...

Experts predict the Fed won't start cutting rates until the fall at the earliest. That means we're not likely to see mortgage rates drop below 6.5% for a while. Katherine Watt is a former CNET Money ...