Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

How the federal funds rate works The federal funds ... The story also misstated the intent of the Fed's rate cut on December 18; that statement has been removed. *Earn 4.75% APY when you deposit ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved ...

The Federal Open Market Committee (FOMC), the group within the Fed responsible for setting monetary policy, said in a statement that "labor market conditions have generally eased, and the ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...

Text of the Policy Statement the Federal Reserve Released Wednesday WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended ...

Statement: About 1% of federal employees are “actually working in the office.” As high-profile businesspeople Elon Musk and Vivek Ramaswamy launched their Department of Government Efficiency ...

"It's not a done deal, yet. The Continuing Resolution needs to be passed in order for the federal government to fully fund the bridge.In a statement, Maryland Congressman Kweisi Mfume, D-District ...