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Here's a quick primer on interest rates and what you need to know before tomorrow's Fed decision. The Fed meets eight times a year to assess the economy's health and set monetary policy ...

In a statement after a two-day meeting, the Fed steered clear of any references to Trump or the election. "In the near term, the election will have no effect on our policy decisions," Fed Chair ...

“This will be no different.” Ahead of the meeting, analysts said Trump’s big win might make the Fed reluctant to continue cutting rates at a rapid clip. “Various policy uncertainties may ...

The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...

That was widely expected and came as no surprise. The bigger story was Fed Chair Jerome Powell's attempt to defend his job in the press conference that followed. Reporter: "If [President-elect ...

The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...

When the Fed concludes its policy meeting on Thursday, most economists expect the Fed to trim its short-term benchmark fed funds rate by a quarter percentage point to between 4.50% to 4.75%.

Following a series of interest rate hikes between March 2022 and July 2023, which were intended to help reverse rising inflation, the Fed held its benchmark rate steady for over a year.

Fed Chair Jerome Powell took questions at his ... such as American shoppers continuing to spend their dollars at a healthy clip and consumer confidence jumping in October at the fastest pace ...

With inflation at 2.4% in September — within fractions of the 2% target — Fed officials decided to cut interest rates by another 0.25%. The challenge remains: soft-land the economy.