The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...

In 1994, the Fed raised rates aggressively to tackle inflationary pressures. By 1995, the labor market was clearly cooling.

In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and ...

The Federal Reserve's recent interest rate cut has led to a decrease in mortgage rates, potentially easing the housing ...

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

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

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Former President Donald Trump and Vice President Kamala Harris both want to lower prices, but whether their proposals would ...

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 Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...