The US Federal Reserve has trimmed key fund rates for the third time in a row on Wednesday, December 18, which is the last ...

Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current ...

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...

The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...

The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut ...

Follow live coverage of the Fed's December FOMC meeting, interest-rate decision, 2025 economic projections, and chair Jerome ...

The Federal Reserve’s decision to lower the federal-funds rate by a quarter of a percentage point was a “closer call” than ...

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold ...

Yet the central bank still cuts its target rate by another 25 basis points. Its explanation isn’t convincing.

Hesitation from Jerome Powell and the Federal Reserve regarding U.S. rates – and Wall Street’s panicked selling that followed ...

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...