The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent.

The Fed's 25bps cut highlights growing labor market concerns, with more cuts expected in 2025 amid shifting opportunities.

Mortgage rates could fall in the coming months, experts say, but it may not be enough to solve Americans' affordability ...

Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central ...

Analysts are currently predicting that the Federal Reserve will vote to cut rates again in October and December, by another ...

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...

The Fed made its the first rate cut of the year this week. Here's what that means for savings, mortgages, and more.

Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress imposed on the central bank add up ...

The Federal Reserve’s policy setup is “bullish for bonds, bearish for the dollar, and neutral for equities in the near term," ...

While the Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months, Americans shouldn’t ...

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing ...

The Federal Reserve may have lowered borrowing costs a tiny bit on Wednesday, but more rate cuts in the months ahead are far ...