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

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...

The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...

The Federal Reserve’s recent decision to cut interest rates by half a point has raised questions about its potential impact ...

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

Local leaders revealed details about a proposed plan to merge homeless and migrant shelters in Chicago and what a unified shelter system could look like. They called it the One System Initiative. It's ...