The Fed could be in wait-and-see mode as the president-elect develops his economic strategy for 2025 and beyond.

The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...

In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...

The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...

The news: The Federal Reserve on Wednesday delivered its third interest rate reduction in three months, but it bundled the ...

The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year ...

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...

Lenders can decide to reduce their own interest rates if decisions by the Bank of England make borrowing costs cheaper.

The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.

To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...

The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.

The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.