The Fed kept its benchmark interest rate unchanged in the current 5.25%-5.50% range last week and signaled it was on course to begin cutting rates in September, but that decision was followed by ...

This week, the Federal Open Market Committee (FOMC) — a division of the Federal Reserve responsible for setting monetary policy — met once again to evaluate the health of the economy and make ...

The Federal Reserve Building in downtown Washington DC, USA at night. HDR image. The Hoover Institution sponsored a conference this week at Stanford University to commemorate the 50-year ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...

That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when the party is just getting started. Said differently, they have to ...

Federal Reserve officials are expected to cut interest rates by a quarter percentage point at their meeting Thursday because inflation has continued to make progress toward their 2% goal ...

But let's take a look at interest rates, which have a direct impact on your finances. The Federal Reserve cut interest rates by 0.5% at its last policy meeting and is gearing up for a 0.25% ...

What is the federal funds rate? The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's ...

After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to lower rates by a more measured quarter point Thursday and several times next ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before ...

WASHINGTON — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that ...

Much is made by economists and market participants of the importance of Federal Reserveindependence. An independent central bank delivers better monetary outcomes over time because it can make ...