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

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

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

A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will ...

Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank cut interest rates ...

Fed Chair Jerome Powell said there were “strongly differing views about how to proceed in December” at the next policy ...