The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...

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

The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...

The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.

established in 1913 through the Federal Reserve Act, has stood for well over a century as a cornerstone for the U.S. financial system. Its longevity is a testament not just to decades of monetary ...

The Federal Reserve's recent interest rate cut has led to a decrease in mortgage rates, potentially easing the housing ...

The Federal Reserve cut interest rates by half a point Wednesday, and mortgage rates often move in tandem. Here's what that could mean for Oklahoma.

In a move many are calling "surprising," the Federal Reserve cut interest rates on Wednesday by a half percentage point, leading to a major impact on the cannabis sector.

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...