The Federal Reserve, a government agency responsible for keeping the American economy stable, sets the federal funds rate.

The January meeting marks the first since Fed Chair Jerome Powell confirmed the Department of Justice subpoenaed the central bank.

A little recent history here: The Federal Reserve jacked up its benchmark interest rate — the federal funds rate — back in 2022 and 2023, to a high of 5.25-5.5%, in a bid to fight rampant pandemic-era ...

Trump’s interference with the Fed is not just about interest rates but the independence of the central bank, which has increasingly come under pressure during the Republican President’s second term. W ...

A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 9-3 vote, but signaled a tougher road ahead for further reductions. The FOMC's "dot plot" ...

The Fed cut rates again, easing borrowing but squeezing savers. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on ...

The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%. Inflation has proven ...

Learn how open market operations and quantitative easing differ in scale and purpose, impacting economic growth and monetary ...

NEW YORK, Dec 16 (Reuters) - New research from the ‌Federal Reserve Bank of Dallas is building the ‌case for a change in the interest rate the central bank targets to achieve its monetary policy goals ...

The Federal Reserve cut interest rates by 25 basis points on Wednesday. The central bank’s December meeting decision could affect some of the borrowing and savings rates consumers see every day. The ...

The real estate technology company examines the outlook on mortgages for home owners and buyers.

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...