In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...

The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.

At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...

On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...

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

Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...

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

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

The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out ...

One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: ...

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...

BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate ...