The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the ...

John Williams, who heads the Federal Reserve Bank of New York, expects the economy to grow by about 2.5% next year.

Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction ...

Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the ...

CD rates typically follow the direction of the federal funds rate. Though unlike the last time the fed funds rate was 4.50%-4 ...

Most expect the Federal Open Market Committee to cut interest rates in 2025. The question of how much will be informed by ...

It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote ...

Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

Interest rates hit a two-decade high following the Federal Reserve's last hike in 2023. With inflation clearly trending lower ...

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...

Kent, the mortgage banker, noted that Fed rate cuts have more impact on credit cards, car loans, and other short-term ...