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.
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Let's get the basics out of the way: the Fed will announce its latest interest-rate decision at 2 p.m. Eastern, alongside the ...
The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...
Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
Retail sales increased 0.1% last month, compared to consensus estimates of a 0.2% decline. That's welcomed news for investors ...
Philippine Finance Secretary Ralph Recto, who represents the government in the central bank’s rate-setting board, said he ...
The central bank usually prefers to move in increments of a quarter point. This time, it’s complicated.