Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make ...

They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...

U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...

Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...

MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall ...

We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during ...

The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...