Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

Powell hints at no rate cut in December, but why cut this week?

Federal Reserve Board Chairman Jerome Powell announced on Wednesday that the Federal Open Market Committee will slash ...

The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September ...

The Trump administration has named five finalists for the next Federal Reserve chair, including two with ties to Kentucky.

The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...

The reductions would leave the Fed’s supervision and regulation division with about 350 people ...

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

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...