So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...

The rate increases would have affected what the USPS considers to be Market Dominant products like first-class mail. "Our strategies are working, and projected inflation is declining," DeJoy said ...

Anna Moneymaker / Getty Images Now that the Federal Reserve has begun to lower its key fed funds rate, the question before policymakers is how fast and how far to reduce it in the coming months.

The Federal Reserve reduced its benchmark interest rate for the first time since 2020, a key shift in its fight against inflation. WSJ’s Nick Timiraos explains why this is the Fed’s make-or ...

However, mortgage rates may not come down for a while, as economists said the market may have already priced in the Fed rate cut. The Federal Reserve cut its influential federal fund rates by half ...

After more than a year of keeping the federal funds rate steady, the Fed on Wednesday made a much-anticipated cut of 50 basis points — or half a percentage point. The adjustment, announced by ...

In a move to fight inflation, Powell announced that the Federal Reserve is raising interest rates by three-quarters of a percentage point, the sixth interest rate increase this year and the fourth ...

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Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

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