But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...

To get a handle on the situation, the Fed began hiking rates aggressively. Higher rates lead to less consumer borrowing and spending, translating into lower demand for goods and services.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why ...

The central bank cut rates last month but saw risks of somewhat firmer price pressures this year due to potential tariff ...

or “the Fed,” is the central bank of the U.S. and plays an outsized role in shaping the nation’s monetary policy. One of its key functions is setting interest rates. Those rates determine ...