Federal Reserve

Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.

Real estate investor Grant Cardone says he believes the Federal Reserve will make historic rate cuts over the next year after President-elect Trump's win.

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.

American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy even as data shows the pace of price growth slowing.

The Commerce Department released the latest data for the personal consumption expenditures index, which is closely watched by Federal Reserve policymakers and showed inflation cooled.

The release of the October jobs report on Friday will give American voters and the Fed's policymakers a last look at labor market data ahead of Election Day and the Fed meeting.

Bond investors are getting put through the ringer as election uncertainty ripples through the markets, along with the Federal Reserve's promise to take rates lower.

The Labor Department's JOLTS report for September showed fewer job openings than expected, with the number of unfilled positions at its lowest level since January 2021.

BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."

Gold prices have reached record highs this week amid uncertainty surrounding the upcoming election as well as the continued growth in the U.S. national debt and fiscal deficits.

Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.

The New York Fed found that consumers' expectations about missed debt payments edged higher in September for the fourth consecutive month, as some may face increased budget pressures.

The unchanged reading in the producer price index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department's Bureau of Labor Statistics said Friday.

FOX Business host Larry Kudlow unpacks the Federal Reserve's decision to cut interest rates ahead of the election on "Kudlow."

Realtor.com broke down the top 10 real estate markets that are likely to see the most impact from falling mortgage rates. Topping the list is Washington, D.C.

The Federal Reserve has started cutting interest rates but a debate is raging over how low policymakers will be able to take them creating a challenge for bond investors.

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake" in hindsight.

The Labor Department reported that U.S. employers added 254,000 jobs in September, well above economists' expectations, while the unemployment rate declined to 4.1%.