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

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

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

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

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

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 ...

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

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

The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...

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 ...

In 2022, when the Fed realized that it had been late in addressing the inflation surge, it raised interest rates in ...

The Federal Reserve finally cut interest rates this week ... "Given the fact that monetary policy does take time to work its way through the system, it'll be the same to some degree with the ...