Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of ...

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September ...

Powell hints at no rate cut in December, but why cut this week?

The data drought raises risks for the Fed because it is widely expected to keep cutting rates in an effort to shore up growth ...

The Trump administration has named five finalists for the next Federal Reserve chair, including two with ties to Kentucky.

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

The reductions would leave the Fed’s supervision and regulation division with about 350 people ...

Federal Reserve Board Chairman Jerome Powell announced on Wednesday that the Federal Open Market Committee will slash ...

A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will ...

Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank cut interest rates ...