Key Takeaways The Federal Reserve expects to cut its influential federal funds rate at a slower pace in the new year than ...

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

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

In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...

The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What ...

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...

The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...

Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.

Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in ...

Banks are reluctant to offer lower rates, arguing there is a risk of loan defaults and they have locked in higher deposits.

The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S.