The Federal Reserve lowering its benchmark interest rate to between 3.75% and 4% — their second rate cut this year — should ...

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.

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

Federal Reserve liquidity facilities caught fire on Friday as month-end pressures pushed a key lending tool to a record level ...

After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...

Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...

If there were any doubts as to why the Fed is failing and needs real change, they were dispelled by what happened on ...

This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every ...

Federal Reserve officials cut interest rates by 25 basis points on Wednesday. During Fed Chair Powell's post-announcement presser speech, Powell noted that a December rate cut is "not a foregone ...

"I did not see a need to cut rates this week," Dallas Fed President Logan told a banking conference on the first day that Fed ...

Powell in the post press conference hinted that the uncertainty and lack of complete data could affect the decision in ...

Once we look past the Fed's excuses, it's likely we're witnessing the Fed give up on its two-percent target in real time.