While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, ...

Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...

Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...

The South African Reserve Bank Governor Lesetja Kganyago announced that the interest rates have been cut by 25 basis points ...

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...

Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...

The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous ...

Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.

The unemployment rate, now at 4.2%, is more than half a percentage point higher than it was when the Fed began an aggressive ...

It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.

Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for ...