The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change ...

In what was expected to be a contentious Federal Reserve meeting, policymakers on Wednesday instead emerged with a nearly ...

There are typically two different approaches the Fed takes to lowering borrowing costs: Either a measured pace that typically reflects a modest adjustment to its key rate, or a much more rapid set of ...

NPR's Ayesha Rascoe talks to University of Michigan economist Justin Wolfers about the Federal Reserve meeting this week and what the expected interest rate cut could mean for the economy.

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, ...

Federal Reserve Chair Jerome Powell delivered remarks Wednesday afternoon after the nation’s central bank cut interest rates for the first time this year, following months of pressure from ...

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.