Jerome Powell has concluded his news conference following the announcement that the Federal Reserve will cut the country's ...

The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News ...

The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.

Powell’s final stretch before a leadership change begins with a cautious rate cut as the Fed reads a slowing labour market ...

The Federal Reserve is expected to make a quarter-point interest rate cut on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details. After 46 years, a family thought they had ...

Tackling soaring inflation in the US is the job of the Federal Reserve, the country’s central bank. The Fed has consistently made headlines in recent years due to its role in managing inflation ...

Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their ...

The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...

The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level ...