Will U.S. return to easy money era?
The Federal Reserve delivered a gift to investors with a jumbo rate cut and the promise of more to come. But will rates return to the record lows we saw during the pandemic?
Dow hits 42,000 for first time in Fed fueled run
Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.
Fed governor explains dissent from 50 basis point rate cut
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.
Fed's Powell says immigration surge boosted unemployment rate
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.
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
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.
The Fed cut rates by half-point: What to know
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.
Federal Reserve cuts interest rates by half-point; first rate reduction in four years
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.
Federal Reserve kicks off highly anticipated meeting with interest rate cuts on the docket
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.
US firms' 'low firing' approach could turn to more layoffs, Fed's Barkin warns
Federal Reserve Bank of Richmond President Thomas Barkin warned that U.S. businesses' "low-hiring, low-firing" approach may not last as the central bank eyes interest rate cuts.
Fed's actions spoke louder than words to markets in fight against inflation, research finds
New research from economists finds that the Federal Reserve's actions in raising interest rates in response to surging inflation did more than rhetoric to move markets' expectations.
Fed’s Powell: ‘The time has come’ for interest rate cuts
Federal Reserve Chair Jerome Powell signaled during a speech Friday at the Kansas City Fed's symposium in Jackson Hole, Wyoming, that interest rate cuts are on the way.
Fed's Powell may use Jackson Hole speech to shed light on rate cut timing
All eyes will be on Federal Reserve Chair Jerome Powell on Friday as he delivers a keynote speech at the Kansas City Fed's economic symposium in Jackson Hole, Wyoming.
Vance backs Trump on president influencing Federal Reserve decisions
Former President Trump's VP nominee JD Vance said that he agrees with Trump that the president should have a say over the Federal Reserve's monetary policy decisions.
Trump suggests presidents should have a say on Federal Reserve policy
Former President Donald Trump said during a press conference on Thursday that U.S. presidents should have a say on Federal Reserve interest rate decisions.
Elon Musk says Fed 'foolish' for not cutting interest rates yet
Billionaire entrepreneur Elon Musk said the Federal Reserve has been "foolish" for not cutting interest rates as the central bank eyes a potential cut in September.
Interest rate cuts are on the horizon, but high mortgage rates could be here to stay
The Federal Reserve signaled that a September rate cut is on the table, but would-be homebuyers are likely to continue facing mortgage rates above 6%.
Fed holds interest rates steady at 23-year high, but opens the door to reducing rates
Federal Reserve policymakers on Wednesday voted to hold interest rates steady, keeping borrowing costs elevated for millions of households and businesses.
What could a Federal Reserve rate cut mean for your wallet?
The Federal Reserve is widely expected to cut interest rates this year, which could provide some reprieve for Americans crushed by steep borrowing costs.
Trump says he would allow Fed Chair Powell to finish his term if re-elected
Former President Donald Trump said in an interview with Bloomberg that he would allow Jerome Powell to finish his term as chair of the Federal Reserve.
Fed's Powell says officials won't wait until inflation reaches 2% to cut rates
Federal Reserve Chair Jerome Powell said Monday that policymakers will not wait until inflation falls to 2% before they pivot to cutting interest rates.