The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...

After months of investor speculation, the Federal Reserve finally cut interest rates for the first time since March 2020.

Atlanta Fed President Raphael Bostic said on Monday that he didn't push to reduce the Federal Reserve's policy rate even more ...

Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent ...

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...

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

So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...

Further weakening of the jobs market is the top worry for investors after last week's rate cut of 50 basis points, or half a ...

JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...

Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the ...

U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs ...