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

The Fed controls the federal funds rates (interest charged on cash reserve transactions between banks). But the central ...

Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for ...

While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury ...

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...

The Federal Reserve just reduced interest rates for the first time in four years. Here’s how it will impact borrowers and ...

The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...

The Federal Reserve is set to cut interest rates by at least a quarter of a percentage point Wednesday, putting the ...

Now it has boldly moved to protect the second half of its dual mandate: to keep employment strong. On Wednesday, the Fed ...

The US central bank announced a long-awaited half-percentage-point cut to its key lending rate on Wednesday, garnering ...

On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...

Consumer spending was tepid last month but exceeded forecasts. Data from the Census Bureau showed retail sales were up 0.1% ...