The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...