On Thursday, the Federal Open Market Committee announced a 25-basis-point interest-rate cut after a 50-basis-point cut in ...

But all of those things are directionally towards higher inflation, which means higher interest rates than otherwise would be ...

Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...

U.S. stocks are coasting to the close of their best week in a year with some modest moves on Friday. The S&P 500 was 0.3% higher in afternoon trading and on track for its biggest weekly gain since ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

There has been infighting among the party over whether it is moving away from concerns related to the key election ...

The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...

The Fed lowered rates by 25 basis points at its monetary policy meeting ... Treasury yields - which move inversely to ...

President-elect Donald Trump is expected to retain Federal Reserve chair Jerome Powell until his term expires in May of 2026.

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