President Joe Biden signed an executive order designating Christmas Eve as a federal holiday for most employees.
Most banks will be closed on Christmas as it's a federal holiday, including Chase Bank, Fifth Third Bank, Federal Reserve ...
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it ...
Federal Reserve Chair Jerome Powell sent shock waves through markets over the week when he hinted there would be fewer ...
The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high ...
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
If you follow the news about changes to savings or mortgage rates, you’ve probably heard of the Federal Reserve. It’s a powerful financial system, but as a banking consumer, you don’t ...
The Fed's 19 policymakers projected that the central bank will cut interest rates by a quarter-point only twice next year, down from their September estimate of four rate cuts in 2025. This caused U.S ...
Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.