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 ...

How big will the next cut be? And what’s the right interest rate anyway? Still, Fed Chair Jerome Powell made one thing clear: ...

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

US Federal Reserve policymakers discuss "nothing else" but how to serve the public as it meets on interest rates, Fed Chair Jerome Powell said Wednesday, when asked about potential criticism that cuts ...

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

Experts give their 2 cents on how well the chief communicates with the public about the Fed's interest rate policy.

Federal Reserve Chairman Jerome Powell is speaking at a press conference right after a federal interest rate meeting. The Fed decided to lower interest rates by half a percentage point, the larger cut ...

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

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

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.