Mel Farr Jr. began his professional journey in athletics, earning a scholarship to UCLA before being drafted by the Denver Broncos in 1988 and later playing for the Los Angeles Rams in 1989. However, ...

It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...

WSJ’s Nick Timiraos and former Fed Vice Chair Richard Clarida explain how much influence Donald Trump will have over the Fed. Photo Illustration: Rio Roye & Annie Zhao Investors shuddered on ...

"The economy is strong overall" and has made progress in the Fed's full employment and price stability goals, he said. With that economic strength, the Fed can be more cautious as it assesses ...

The Fed has come a long way from just a few years ago: In 2022, inflation was more than twice its current rate and many economists thought that the central bank’s decisions might cause economic ...

While he said the Fed remained confident price pressures would continue to ease, he also acknowledged central bank staff and policymakers were beginning to at least preliminarily think through how ...

A lower fed funds rate reduces borrowing costs on all kinds of loans, boosting the economy as the Fed tries to prevent a severe rise in unemployment. It was the third rate cut in as many meetings ...

This decision was accompanied by Federal Open Market Committee member forecasts, which reflected expectations of fewer and slower additional Fed interest rate cuts through the end of 2025 ...

Unhappy with the Fed's forecast today? The next one will be released on March 19, and that's 58 days after Inauguration Day. "We have often noted a lack of utility in relying on these forecasts ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why ...

Earlier plans for several more rate cuts in 2025 have become muddied as progress the Fed made on curbing inflation has stalled. And uncertainties abound about what impact the incoming Trump ...

Expectations that the Federal Reserve would cut its benchmark interest rate yet again became a reality on Wednesday when the Fed did just that, issuing a 25 basis point reduction. That brings the ...