By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that ...

The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...

Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to ...

Federal Reserve Chair Jerome Powell had one big job on Wednesday which was to convince market participants that a 50 basis-point rate cut is consistent with a "thoughtful policy adjustment" rather ...

The Federal Reserve Bank cut interest rates as inflation slows, saying Intense political pressure in an election year was not a factor ...

The Federal Reserve's recent interest rate cut has led to a decrease in mortgage rates, potentially easing the housing ...

Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.