By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

But there is a fight that the central bank hasn’t won. Although it might not be its fight at all.

Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non ...

For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the ...

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting job growth ...

President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...

Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...

Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...