Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.

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 ...

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The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.

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.

The Federal Reserve Bank of Atlanta has named former Accenture North America CEO James Etheredge its 2025 deputy chair. The ...

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 ...