Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

Richmond Fed President Tom Barkin thinks the Fed's benchmark rate, now in a range of 4.5%-4.75%, is better positioned to move in either direction depending on how the economy evolves. In his talk, ...

In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer ...

But with the economy now mostly solid and Wall Street anticipating faster growth, larger budget deficits and higher inflation ...

The Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the end of its ...

In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.

Good economic data, and the coming Trump presidency, have thrown everything into doubt.

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...