Federal Reserve

Stories moving the markets and shaking up the world.

Powell suggested policymakers could lower the benchmark federal funds rate again this year.

Former Wells Fargo Chief Economist John Silvia said the market is disappointed after Fed Chair Jerome Powell's press conference.

The Federal Open Market Committee voted, as expected, to ease interest rates by 25 basis points to a range between 2 percent and 2.25 percent.

The Fed “overreacted” to Wall Street’s tumultuous December 2018 that resulted in the central bank's early indication that a potential rate cut was in the foreseeable future.

The Federal Reserve just cut interest rates for the first time in over a decade and it could be good news for stocks.

The Federal Open Market Committee voted, as expected, to ease the benchmark federal funds rate by 25 basis points.

The decision, if it happens, will likely please President Trump, who has repeatedly called for Fed Chairman Jerome Powell to cut interest rates.

If the Fed cuts rates, it could increase what you pay for gas and even impact the cost of goods.

Stories moving the markets and shaking up the world.

The rate cut was not all investors had hoped.

Economists anticipate the U.S. central bank to lower it by a modest 25 basis points.

It is being widely anticipated by economists that the central bank will cut interest rates for the first time in a decade.

Complicating matters is the Fed’s desire to make clear that loosening monetary policy is not a reaction to months of pressure from U.S. President Donald Trump to do just that.

Trump's top economic adviser has a big ask for the Federal Reserve.

Long-term mortgage rates in the U.S. fell this week, getting close to a 3-year low. 

Without Glass-Steagall, American taxpayers are responsible for losses, as big banks count on the Federal Deposit Insurance Corporation's insurance fund to back up their risky trading activities.

Investors also continue to brace for the expected interest rate cut by the Federal Reserve later this month.

Allianz Chief Economic Adviser Mohamed El-Erian explains why the U.S. central bank has its sights on a quarter-point rate cut at the end of July.

The president added that he believes interest rate costs should have been “much lower."