The Federal Reserve cut its benchmark interest rate by a quarter point for the third time since September, bringing it to ...

The Federal Reserve will announce if they will cut rates again in December's meeting — their last meeting of 2025. The ...

The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.

Lisa Cook, then nominee to be a member of the Federal Reserve Board of Governors, speaks at a Senate confirmation hearing on Feb. 3, 2022. (Ken Cedeno/Pool via AP) President Trump on Monday announced ...

The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...

The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings ...

President Donald Trump has demanded the removal of one of the governors of the US central bank, a move that escalates his long-running feud with the institution. Late on Monday, he posted on his Truth ...

The Federal Reserve's securities portfolio declined by $18.1 billion last week, the largest drop in six weeks. This decline suggests the Fed is still reducing its portfolio, not holding it steady as ...

In his second term, President Donald Trump has tried to fire numerous federal officials, with varying degrees of success. Courts have occasionally intervened, raising questions about the extent of the ...

Before she was nominated as a Federal Reserve governor, Michigan's Lisa Cook signed two separate mortgage documents two weeks apart that identify her Ann Arbor home and her Atlanta condominium each as ...

NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.