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

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 ...

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...

Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...

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 ...

Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.

The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...