Still, in Fed Chair Jerome Powell's view, the current unemployment remains healthy at 4.2%, but the chairman acknowledged ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.
The central bank wants to declare victory over inflation but hasn’t explained its monetary mistakes.
The Fed has other tools at its disposal, but interest rates are the hammer. Now that inflation has waned, the Fed plans to lower rates quickly over the next year. Put another way, the Fed is ...
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks ...