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

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

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

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

At least three of the Federal Deposit Insurance Corp.'s five directors oppose the Federal Reserve's revised proposal for the ...

Critics on the FDIC's board include Vice Chair Travis Hill and Democrat Rohit Chopra, who is also the director of the ...

The federal funds rate is officially lower -- and it'll impact your life and finances. Read on to learn why you might want to ...

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

The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

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

The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...