The Fed’s decision meets the theoretical economic rules but there is an intuitive question about whether such a large cut was ...

President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...

President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 ...

President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week.

Experts give their 2 cents on how well the chief communicates with the public about the Fed's interest rate policy.

The Biden administration has been saying for months that the post-Covid surge in inflation is over. On Wednesday, the Federal ...

Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...

Borrowing rates have already fallen in anticipation of a deeper cut in rates. The average 30-year mortgage rate dropped to ...

In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid.

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to ...

After making a historic pivot by cutting interest rate by 50 basis points, Fed Chair Jerome Powell has hinted additional ...