Chairman Powell's term ends in May, and speculators currently see the most likely replacement is one of two Kevins. Odds ...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...

Fed rate cuts could ease credit card and deposit rates, but auto loans and mortgages may stay high due to risk and long-term inflation expectations.

In 2025, the Fed maintained steady rates for the first half of the year before implementing three consecutive rate cuts to ...

Federal Reserve rate decisions are taken by a 12-member rate-setting committee, known as the FOMC or Federal Open Market Committee. That is made up of the Fed chair and six other presidentially ...

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...

The divergence of opinion on the future of monetary policy is likely to only grow in 2026 as Fed Chairman Jerome Powell ...

The central bank’s decision to lower interest rates for a third straight meeting was highly contentious, reflecting an internal divide that will likely limit how much borrowing costs will fall next ...

Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...

WASHINGTON, Dec 10 (Reuters) - The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.