News

Fed lowers rates by 0.25%, first cut in nine months. Mortgage and loan rates may drop, giving buyers more negotiating power in today’s housing market.
When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.
While we’re getting the rate cut that so many people wanted, it’s important to remember why: to protect consumers from a slowing economy.
The U.S. solicitor general argued lower courts have “interfere[d]” with President Trump’s right to remove the Fed governor, ...
Despite the president’s threats to its independence, the central bank is ignoring his demand for drastically lower borrowing ...
The Fed’s nearly-unanimous decision to reduce its key interest rate was seen by many as a quiet show of unity.
President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to ...
The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a ...
The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors.The Republican administration<a class="excerpt-rea ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
The Trump administration on Thursday asked the Supreme Court to pause a ruling by a federal judge in Washington, D.C., that ...
President Trump’s Justice Department petitioned the Supreme Court to give him the go-ahead to fire embattled Federal Reserve Governor Lisa Cook after a lower court blocked the move.