Federal Reserve

Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, saying she would have preferred a smaller cut.

The Federal Reserve, as expected, cut interest rates by 50 basis points. For those carrying credit card debt, hoping for some relief, are likely to be out of luck.

Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.

Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.

"Everybody's happy" about the Federal Reserve's rate cut — at least in real estate — potentially opening the floodgates to more housing inventory and price competition.

The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates — but don't expect a big change anytime soon.

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.

Potential homebuyers and sellers have been holding off on making a move amid elevated mortgage rates and sky-high prices. But will the Federal Reserve's rate cut make a difference?

FOX Business host Larry Kudlow evaluates the Federal Reserve's decision to slash interest rates on "Kudlow.'

The Federal Reserve cut interest rates, signaling that it has won the fight against inflation.

The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.

Ahead of the Federal Reserve announcing a cut to interest rates on Wednesday, some economists say the key driver to the high price of goods and costly living remains unchecked.

Two prominent economists warn that the Federal Reserve reversing course now would be a "disaster" for markets and the greater economy, as inflation may be higher than they think.

Interest rate cuts are top of mind for markets as the Federal Reserve's two-day September policy meeting begins Tuesday after Fed Chair Jerome Powell recently signaled cuts are coming.

The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer Price Index (CPI) report.

Stocks saw big swings as investors parse the outcome of the Trump-Harris debate as well as fresh inflation data ahead of the Federal Reserve's meeting on Sept. 18.

Inflation declined in August to the lowest level since 2021, as prices rose 2.5% from last year. The data boosts the Federal Reserve's case for an interest rate cut next week.

A new report by the New York Federal Reserve found that consumers see inflation leveling off and have mixed views about the labor market, as well as worries about household debt.

The new August jobs report shows the number of U.S.-born workers fell over the last 12 months, while foreign-born workers made massive gains.

The U.S. Department of Labor reported that U.S. employers added 142,000 jobs in August, missing economists' expectations, while the unemployment rate ticked down slightly to 4.2%.