Us Breaking News Us Fed Vice Chair Says Interest Rates Should Remain On Pause

Why the Fed Rate Cut Won't Move Mortgage Interest Rates

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result. Read More

Trump administration live updates: Fed lowers interest rates; Judge orders Epstein grand jury records released

Democratic Rep. Haley Stevens, who is running for an open Senate seat in Michigan, formally introduced articles of impeachment Wednesday against Health and Human Services Secretary Robert F. Kennedy ... Read More

A divided Fed cuts interest rates again as economic concerns persist

The cut of a quarter point could make it cheaper for average Americans who hold a mortgage, have credit card debt or need to take out or refinance a personal loan. Read More

Federal Reserve cuts interest rates in divisive vote

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The ... Read More

A divided Federal Reserve cuts interest rates for a 3rd straight time

The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision. Read More

Live Updates: Fed Expected to Cut Rates Again

Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items. Read More

Fed meeting live updates: Fed lowers interest rates by quarter-point.

The Federal Reserve will soon unveil its December rate decision. Analysts expect multiple dissents alongside another quarter-point rate cut. Read More

How Much Would the Next Fed Chair Be Able To Lower Interest Rates?

Kevin Hassett, the frontrunner to take over the Federal Reserve chairmanship from Jerome Powell, is likely to push for lower interest rates—but it's uncertain whether he would be able to get them. Read More

Correction: Fed Vice Chair Says Economic Trade-Offs Justify Gradual Rate Cuts

Fed Vice Chair Philip Jefferson said Monday that the evolving balance of risks-of stubborn inflation and weaker employment conditions-underscores the need to lower interest rates slowly. Jefferson's ... Read More

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Federal Reserve officials face a challenge resolving differences over how to set interest rates with little new economic data to guide tricky judgment calls. Fed Vice Chair Philip Jefferson offered a ... Read More