The Federal Reserve’s likely to lower interest rates again this week, but the cut may be so small that consumers may hardly feel it, analysts said. When the Fed concludes its policy meeting on ...

For over 70 years, the US central bank has operated as an independent government agency. When officials meet to decide where interest rates should be, they don’t consult the president and other ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about ...

On Sept. 18, 2024, the Federal Reserve cut rates for the first time in over four years, lowering the target federal funds range by half a percentage point, or 50 basis points, to 4.75% to 5.00%.

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...

Jerome Powell had a succinct answer when asked Thursday if he’d step down as the Federal Reserve’s chairman if Donald Trump asked him to: “No.” Asked by a Politico reporter if he’d ...

A new poll released Monday with just hours to go until Election Day shows Vice President Kamala Harris with a four-point lead over former President Trump nationally, while the gender gap between ...

NEW YORK, Nov 8 (Reuters) - The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican ...