The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its ...

The Federal Reserve's decision could potentially mark an economic milestone for Americans battling higher cost of living.

The Federal Reserve finally cut interest rates this week ... "Given the fact that monetary policy does take time to work its way through the system, it'll be the same to some degree with the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...