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

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

The 50-basis point cut was a last-minute surprise that left markets scratching their heads about how to react.

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after ...

The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...

The Federal Reserve's recent interest rate cut has led to a decrease in mortgage rates, potentially easing the housing ...

If we look at the dot plot and focus on the longer-run projections for appropriate interest rate target, we would see a very ...

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

In a move many are calling "surprising," the Federal Reserve cut interest rates on Wednesday by a half percentage point, leading to a major impact on the cannabis sector.

Prominent Republicans have questioned the timing and size of the Fed rate cut ahead of the November presidential election.

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

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...