David Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss the latest employment ...

The Federal Reserve meets for fourth two-day rate-setting session of 2025 on Tuesday, June 17, and Wednesday, June 18, 2025. At the end of its Federal Open Market Committee session on May 7 ...

The Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the central bank eased ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

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 ...

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief. “I haven’t called him.