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

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

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 ...

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.

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

'Kudlow' panelists Liz Peek and Jason Trennert discuss the impact of the Fed slashing rates on 'Kudlow.' ...

Grant's Interest Rate Observer editor Jim Grant discusses the obstacles facing the Fed after its 50 basis point rate cut on ...

Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over ...

It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.