China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations ...

The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

LOS ANGELES -- Sales of previously owned U.S. homes fell in August to the slowest annual pace in nearly a year even as ...

Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

The U.S. dollar weakened early Friday. A general mood of "risk on" is widely acknowledged as a "gently softer USD adds to the allure of risk assets," said Vishnu Varathan, head of Macro Research for ...

Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...