Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules ...

Federal Reserve Governor Lisa Cook on Monday gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.

The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...

Newly released FBI footage has revealed how the suspected New Orleans terrorist wore Meta smart glasses to scout out of the area before the New Year’s Day attack.

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

The cause of this was the US Federal Reserve’s decision to cut interest rates by 0.25 per cent, in line with market expectations. The bank surprised markets by indicating there would only be two ...

The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...

The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%. Federal Reserve officials lowered their benchmark ...

The Federal Reserve lowered interest rates on Wednesday by 25 basis points to a range of 4.25%-4.5% at its final meeting of the year and signaled that it would slow down the pace of its cuts.

The US Federal Reserve stunned investors on Wednesday (Thursday AEDT) after forecasting just two interest rate reductions in 2025 when Donald Trump will be sworn in as US president. It had ...

At a press conference on Dec. 18, Federal Reserve Chair Jerome Powell had a very positive outlook on the economy: “We're in a really good place. Our policy is in a really good place. I expect ...