President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over ...

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

Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...

The US Federal Reserve meeting last time has resulted in major rate cut of 50 basis points, something that was last seen ...

After years of sky-high mortgage rates, the Federal Reserve finally cut rates on Wednesday at its policy meeting.

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.

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

T his week’s Federal Open Market Committee meeting is notable for two things. America’s central bank is shifting into ...

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid ...