In the years after the Great Recession, banks chose to keep some $420 billion in their reserves rather than loan it out to ...

Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...

A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal ...

U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability ...

The Federal Reserve is done with rate cuts for the "foreseeable future" and its next move could even be to hike, Dan Ivascyn, chief investment officer at bond-fund giant Pimco told the Financial Times ...

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.

Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...

President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they will do so again in 2025. Their collision could unfold in multiple ways.

The Federal Reserve’s decision to cut interest rates last week has raised a lot of questions. The rhetoric accompanying the action suggests that this may be the last cut for a while, and it has ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.

NEW YORK (AP) — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...