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

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous ...

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

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

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...

The Federal Reserve’s recent decision to cut interest rates by half a point has raised questions about its potential impact ...

The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.

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

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

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The Federal Reserve cuts interest rates, signaling confidence in inflation control. Impact on the economy and the upcoming presidential election.