Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...

U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

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The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...