The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...

A cut to the Fed's benchmark rate has consequences for debt, savings, auto loans, mortgages and other forms of borrowing by ...

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

Federal Reserve official Michael Barr on Tuesday unveiled lighter capital requirements for banks than previously proposed ...

The Federal Open Market Committee is a key component of the Federal Reserve System, the central bank of the United States. The Fed monitors and ensures the stability of the U.S. economy by setting ...