The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

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

The Federal Reserve is expected to cut the interest rate by another half a percentage point as this year comes to a close, ...

When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and ...

Recent market history shows the Federal Reserve typically only starts interest cuts with 50 basis point reductions when the ...

Inflation has fallen, and the labor market is still healthy. So why did the central bank act more aggressively than many had ...

The Federal Reserve’s preferred measure of underlying US inflation and household spending rose modestly in August, ...

The Federal Reserve's decision could potentially mark an economic milestone for Americans battling higher cost of living.

The Federal Reserve cut interest rates by half a percentage point on Wednesday and projected two more interest rate cuts of ...

The Federal Reserve announced on the 18th local time that it will downgrade the target range of the federal funds rate by 50 ...

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