In the shadow of the government shutdown, the Federal Reserve forged ahead with another interest rate cut on Wednesday. Fed Chair Jerome Powell announced the second quarter-point cut in as many months ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

President Trump is proposing a federal initiative to purchase mortgage-backed securities as a way to push down long-term ...

No one likes high interest rates on credit cards and loans, but artificially lowering interest rates via executive power is ...

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

Chaired by Jerome Powell, the Federal Reserve is expected to make its next rate-cutting decision later this month. Photo by Chip Somodevilla/Getty Images The impacts of a federal government shutdown ...

As the government shutdown shows no signs of ending any time soon, many home shoppers are asking an important question: What does this government shutdown mean for my mortgage loan? How will it affect ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...

Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation ...