The Chesterfield resident who worked at the Fed from 2004 until earlier this year, had most recently been a bank examiner.

Last week the Federal Reserve opted to cut interest rates by 25 basis points, which was what the market expected it to do.

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...

That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...

While another interest rate cut at the December meeting seems on track, it's unclear how many more could follow. The Federal ...

Last week, the US central bank opted to lower its benchmark policy rate by a quarter-point to a new target range of 4.25-4.75 ...

WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...

Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...

The Federal Reserve meets for its eighth and final two-day rate-setting session of 2024 on Tuesday, December 17, and Wednesday, December 18, 2024. At the end of its Federal Open Market Committee ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...