Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.

The Federal Reserve is proposing a half-point cut to interest rates, as Fed Chair Jerome Powell said the American economy was ...

Jerome Powell’s Federal Reserve just ended the inflation fight. But it is far too soon. This marks the fourth major mistake.

In a move many are calling "surprising," the Federal Reserve cut interest rates on Wednesday by a half percentage point, leading to a major impact on the cannabis sector.

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

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

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...

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.

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or ...

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