Long-term interest rates can’t and won’t fall unless the bond market becomes confident that inflation is falling and that it ...

The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.

Jay Powell declared the central bank was “driving in the fog” as the Federal Reserve cut interest rates in the middle of a ...

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the ...

Last month, the Federal Open Market Committee (FOMC), a policymaking body at the Fed, projected two additional quarter-point ...

Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders .

The Federal Reserve decides to slash interest rates by a quarter of a percentage point amid a time when inflation is rising ...

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.

The Federal Reserve will meet Wednesday, as the U.S. government shutdown enters its fifth week, to decide whether to cut interest rates for a second time since September.

The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as ...

The Trump administration’s search for who will lead the Federal Reserve next year is well underway, and there are five people on the short list to become the most powerful figure in the US economy.