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 ...

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

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 ...

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

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 ...

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal ...

The would-be reformers of the capitalist financial system, who maintain its destructive effects ... It came in the form of an ...