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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 ...

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The Federal Reserve rolled out its third rate cut of the year this week, a move that could impact the gold market.

The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.

Thanks for reading! The Federal Reserve's Federal Funds Rate (Fed Funds Rate) is a key interest rate in the U.S. economy, representing the rate at which banks lend to each other overnight.