The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...

The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your ...

Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The ...

The Federal Reserve will announce a rate decision today, Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.

In fact, the last time they cut, we actually saw the opposite effect: mortgage rates actually went up.” Adjustable-rate ...

Federal Reserve officials are set to announce a quarter-point cut to its benchmark rate on Wednesday, bringing it down to ...

The Federal Reserve on Wednesday announced that the central bank is cutting interest rates by a quarter-point.

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest ...

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News ...

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the ...

When the central bank "maestro" increases the federal funds rate, many banks tend to increase their interest rates. This can ...