The Federal Reserve cut rates by 25 basis points and projects gradual reductions through 2028, with a long-term target of 3%.

The petition comes one day after Cook joined Fed Chair Jerome Powell in an 11-1 vote for a quarter-point cut to the federal ...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year ...

Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank would cut rates amid President Donald ...

The Federal Reserve has reduced interest rates by a quarter of a percent, citing a cooling labor market, with potential ...

The Federal Reserve delivered its first rate cut in nine months, and signaled its intent for two more cuts later in the year.

The Federal Reserve has finally caved. After months of pressure, jawboning, and market speculation, the central bank slashed ...

Follow the latest Trump administration news, including the president's U.K. visit, the Fed interest rate cut and testimony on ...

President Donald Trump’s bid to fire Lisa Cook from the Federal Reserve is now at the Supreme Court. It’s the latest legal test of Trump’s power in his second term, and it carries great practical ...

The U.S. Federal Reserve, the central bank of the United States, lowered its benchmark interest rate by 0.25 percentage ...

The Fed is widely expected to trim its benchmark interest rate by a quarter percentage point on Wednesday, while giving ...