For the average person, the most immediate and noticeable effect is on borrowing costs. A rate cut makes it cheaper for banks ...

The ending of one-cent coin use in the United States moves closer to reality as carriers are no longer ordering or getting ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of ...

The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the ...

Mortgage rates more closely follow the 10-year U.S. Treasury yield, which doesn’t always align with the direction of Fed fund rates.

President Susan Collins said the US central bank should continue lowering interest rates this year to support the labor ...

New Federal Reserve data reveals that only 3.2% of American retirees have accumulated $1 million in retirement accounts. The ...

Get the latest on Fed rate cuts, bank profits, and economic resilience. Discover what these trends mean for the U.S.

Kevin Warsh, a former Federal Reserve governor, discusses the current U.S. financial landscape, the government shutdown and ...

Follow the latest news headlines from Australia's most trusted source. Read in-depth expert analysis and watch live coverage ...

Christopher Waller was sworn in Friday to the Federal Reserve's Board of Governors, whose members - along with the leaders of ...