When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...

The Federal Reserve is expected to cut its influential fed funds rate in its September meeting. But economists and market ...

The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.

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

WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...

The September meeting of the Federal Reserve is one of the most highly anticipated in recent memory. While expectations were ...

The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...

Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...