WASHINGTON DC - The U.S. Federal Reserve has taken the bold step of reducing official interest rates by half of one percent.

After the Fed announced its first rate cut in over four years, Chairman Jerome Powell stated at a press conference that the half-point rate cut should not be seen as a new trend. H... After the Fed ...

In the run-up to the presidential election, Donald Trump, the Republican nominee, has voiced his disapproval of the Federal ...

Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...

Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...

The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...

If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...

The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...

“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...

Jerome Powell says the economy is strong but still cuts rates by 50 basis points.

MAGA Republicans seem weirdly upset that inflation is going down.

Jerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move.