Despite rising inflation, the Federal Reserve is hesitant to cut rates, with experts like Larry Summers cautioning against ...

Manufacturing activity in the mid-Atlantic region this month deteriorated unexpectedly, driven by lower readings for ...

Gold rose as traders assessed differing views from US Federal Reserve officials on how President Donald Trump’s tariff agenda ...

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...

Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that ...

Trump’s housing chief slams Fed spending as Realtor.com warns federal land offers little help for housing shortages in ...

The Federal Reserve is widely expected to lower interest rates further as the U.S. inflation rate has declined to 2.4% from a peak of more than 9% in 2022. Declining Inflation in America ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

However, in September 2024, the Fed began to cut rates, lowering the federal funds rate by a jumbo-sized 50 basis points (0.50%). Two more quarter-point rate cuts followed, with the fed funds rate ...

Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, DC. Drew Angerer/Getty Images hide caption toggle caption ...