The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...

Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April.

The Dow Jones Industrial Average gave up an almost 300-point gain to end lower, while the S&P 500 closed flat, on Wednesday after the Federal Reserve left interest rates unchanged but raised its ...

In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...

The Federal Reserve announced on Wednesday that it was once again keeping its key rate unchanged, but said that they foresee two interest rate cuts by the end of this year, the same as they projected ...

The Federal Reserve kept its key rate unchanged Wednesday, and officials expect inflation to worsen in the coming months.

The Federal Reserve kept interest rates unchanged Wednesday as it continues to gauge the fallout from President Donald ...

Key Takeaways The Senate on Wednesday passed the GENIUS Act, which establishes rules for stablecoin issuers, including a ...

Analysts have to remember that the Federal Reserve is operating under a different set of parameters than in previous times.

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration. Fed Chair Jerome Powell said that ...