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 ...

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...

The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...

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 ...

As consumers struggle to cope with mounting debt, a new economic report from the Federal Reserve Bank of New York includes an ...