WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...

When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...

The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...

Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...

The business angle: One nexus of Washington power that won’t see a leadership change is the Federal Reserve ... the Fed to ...

Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...