The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

While Wall Street rejoiced in President Trump’s decisive win in Tuesday’s election and the Federal Reserve lowered its key ...

Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...

That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% ...

The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

The Federal Reserve recently announced its second interest rate cut of 2024. The rate was previously in a range from 4.75% to ...

The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...

The federal reserve plans to cut more over the next year. As people keep their fingers crossed for better financing in the ...