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 ...

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

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.

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

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 ...

Federal Reserve official Michael Barr on Tuesday unveiled lighter capital requirements for banks than previously proposed ...

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