When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...

That would continue the central bank's easing cycle, which kicked off with a jumbo 50 basis point cut in September. After ...

Minneapolis Federal Reserve President Neel Kashkari on Saturday said that the central bank would probably deliver fewer ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump ...

With a strong economy, booming stock market and the election results, the Fed should probably not cut rates today, and might ...

Officials face new questions over what might lead to a slower pace of rate cuts after Trump’s election ignited market ...

Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high ...

WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash ...

The Fed wants to push down the cost of borrowing money for homes, cars and other purchases. But mortgage rates aren’t ...