Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.
The Federal Reserve Thursday lowered interest rates for the second time this year, cutting the federal lending rate by a ...
The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...
Wake up to the latest market news, company insights, and a bit of Foolish fun—all wrapped up in one quick, easy-to-read email ...
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
priced in on Thursday another 25-basis-point rate cut next month, after the Federal Reserve lowered rates by the same ...
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
Traders in the federal-funds futures market were still largely anticipating on Thursday that the Federal Reserve will lower its benchmark interest rate by a quarter of a percentage point next month, ...