The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...

Officials at the Federal Reserve have been noncommittal publicly about what a Trump presidency means for the economy. Behind ...

In the wake of the November 5 election, the Federal Reserve had its next scheduled meeting. In September, the Fed cut rates ...

The New York Times Federal Reserve and economy reporter Jeanna Smialek tells Yahoo Finance that while markets expect a 25-basis-point cut from this month's FOMC meeting, inflation risks tied to ...

Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With ...

The central bank continued to ease, but a new administration in Washington clouds the outlook for future policy moves.

Thursday, November 6, 2024 Today’s long-awaited news (in a week full of long-awaited news items) came from the Federal Open Market Committee (FOMC) this afternoon, which expectedly reduced interest ...

Federal Reserve Chair Jerome Powell said Thursday he would refuse to resign if President-elect Donald Trump asks him to step ...

The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely ...

The Federal Reserve on Thursday carried out its second consecutive interest rate cut, lowering the federal funds rate by a ...