The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Jared Bernstein joins press secretary Karine Jean-Pierre at the briefing after the Federal Reserve cuts interest rates right ...