While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...

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 ...

The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...

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

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

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

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

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

These are today's mortgage and refinance rates. Even though the Fed cut rates this week, mortgage rates are likely to remain ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...