A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that ...

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

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

The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by ...

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...

Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...

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

A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...

Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...

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