The Federal Reserve cut its benchmark interest rate by a quarter point for the third time since September, bringing it to ...
The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings throughout the year, and its members include top officials from the U.S. Federal ...
Lisa Cook, then nominee to be a member of the Federal Reserve Board of Governors, speaks at a Senate confirmation hearing on Feb. 3, 2022. (Ken Cedeno/Pool via AP) President Trump on Monday announced ...
The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time since December of 2024. A rate cut would give Americans a sliver of relief on a wide range of ...
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.
Discover how Regulation J sets rules for the collection and return of checks and fund transfers through the Federal Reserve, ensuring secure banking operations.
The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome ...
The Federal Reserve's securities portfolio declined by $18.1 billion last week, the largest drop in six weeks. This decline suggests the Fed is still reducing its portfolio, not holding it steady as ...
Learn about the role of a Board of Governors in institutions like the Federal Reserve, its duties, responsibilities, and how ...
NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.