Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate ...

Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns ...

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

Feds policy rates decision will take into a host of factors such as labor market conditions, inflation pressures and ...

The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.

There is no formal agenda for the group co-headed by Elon Musk and Vivek Ramaswamy. But there are plenty of clues.

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one ...

The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome ...

Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new Trump ...