The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...

If there were any doubts as to why the Fed is failing and needs real change, they were dispelled by what happened on ...

After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...

Fed Chair Jerome Powell acknowledged Wednesday that the soaring stock market is helping support consumer spending — and the ...

Powell in the post press conference hinted that the uncertainty and lack of complete data could affect the decision in ...

Two regional Federal Reserve bank presidents on Friday aired their disagreement with the U.S. central bank's decision to cut ...

Once we look past the Fed's excuses, it's likely we're witnessing the Fed give up on its two-percent target in real time.

Federal Reserve Chair Jerome Powell surprised many market-watchers on Wednesday when he declared that another interest rate ...

Mortgage rates jump after Fed Chair Powell says a December rate cut's uncertain. Will they drop again and what this could ...

It's really a different thing,' Jerome Powell told reporters this week. However, the Federal Reserve is closely watching the ...