The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

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

The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous ...

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

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

The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

The Federal Reserve’s recent decision to cut interest rates by half a point has raised questions about its potential impact ...

Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...