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

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

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

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.

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

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 ...

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 jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.

Inflation has fallen, and the labor market is still healthy. So why did the central bank act more aggressively than many had ...