The Fed could be in wait-and-see mode as the president-elect develops his economic strategy for 2025 and beyond.
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed through to auto loans, which fell on average from a peak of 7.3% in July to 6.8 ...
Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis ...
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
WASHINGTON - The Fed announced Wednesday a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%. The Fed ...
The news: The Federal Reserve on Wednesday delivered its third interest rate reduction in three months, but it bundled the ...
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
The Federal Reserve lowered its benchmark interest rate by a quarter point Wednesday, a move that forecasters had predicted ...
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...