The presidents of the 12 regional Federal Reserve banks across the country wield nearly as much influence over interest rates as permanent Fed governors.

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

The Federal Reserve will announce whether to cut interest rates at its December meeting, capping off a turbulent year for the U.S. economy defined by fresh labor market headwinds and tariff-fueled ...

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...

The president seemed poised for a big Supreme Court win letting him remove officials without cause. But the justices appeared to struggle with how to insulate the Federal Reserve from politics. By ...

The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United ...

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a ...

This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since ...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...

The Federal Reserve on Dec. 10 announced a quarter-point rate cut to its benchmark federal funds rate, its third in a row, aimed at lowering borrowing costs for consumers. The decision brings the ...

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The next chair of the Federal Reserve might already be a disappointment to President Donald Trump – even before they’re named. Trump has demanded aggressive cuts to interest rates next year, but ...