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

The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year ...

The Fed cut its key interest rate Thursday in response to the steady decline in inflation that helped drive Donald Trump’s ...

Mortgage rates rose for the seventh week in a row in the week ending Nov. 7 as markets digested Trump's victory and a Fed ...

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...

Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...

Policymakers lowered the benchmark overnight interest rate to the 4.50 per cent-4.75 per cent range, as widely expected. The ...

The Federal Reserve cut interest rates by a quarter percentage point on Thursday, its second consecutive reduction in the ...

In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a ...

The US central bank has cut its key interest rate again as Donald Trump's election as president raises new uncertainty about ...