When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...

That would continue the central bank's easing cycle, which kicked off with a jumbo 50 basis point cut in September. After ...

Minneapolis Federal Reserve President Neel Kashkari on Saturday said that the central bank would probably deliver fewer ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

Officials face new questions over what might lead to a slower pace of rate cuts after Trump’s election ignited market ...

The stock market marked a historic milestone on Friday, as the Dow Jones Industrial Average hit 44,000 for the first time in ...

Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high ...

The Federal Reserve lowered rates again but economists worry that Donald Trump’s victory could reignite inflation in 2025.

WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash ...

The Fed wants to push down the cost of borrowing money for homes, cars and other purchases. But mortgage rates aren’t ...

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...