Federal Reserve Governor Michelle Bowman became the first Fed official since 2005 to vote against the central bank’s interest ...
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...
With the slowing labor market posing a growing risk to the economic expansion, Fed officials opted for a bold approach to ...
Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year ...
Fed chairs typically seek consensus on decisions, sometimes reaching compromises to avert open disagreement that could be ...
The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...
Here's what to know about CDs and high-yield savings accounts following the Fed's first interest-rate cut in four years.
The Fed cut its rate by 50 basis points (bps) on Wednesday with policymakers seeing the benchmark rate falling by another half a percentage point by the end of this year. The Gulf region's oil and gas ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Federal Reserve chose to start its rate-cutting series "with a bang" at a time when rising real interest rates have the potential to constrain economic activity, said Jason Pride, chief of ...
Dow industrials jump more than 200 points after central bank embarks on easing policy for the first time since 2020.
The Federal Reserve's decision Wednesday to slash interest rates spurred an outpouring of jokes about how former President ...