Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...

The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...

Rate cuts expected to help multifamily projects in DC, but offices have bigger troubles. Rising housing costs contribute to ...

After an all-out fight against inflation over the past two years, the Federal Reserve recently voted to lower interest rates ...

Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he ...

President Joe Biden will speak at the Economic Club of Washington, D.C., about the progress made in fighting inflation.

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest ...

The president also highlighted he and Vice President Kamala Harris’ efforts to improve the economy post-pandemic. He cited ...

The Federal Reserve has cut its benchmark interest rate by a larger-than-expected half-percentage point, aiming to boost ...

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, ...

The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2%, topping the 5,700 level for ...