The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...

When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...

The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...

Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

The U.S. central bank has lowered interest rates by 0.75 point since September.

The business angle: One nexus of Washington power that won’t see a leadership change is the Federal Reserve ... the Fed to ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...