Powell sent a clear message this week that central bankers were in no rush to lower rates, with Fed officials opting to pause rate cuts in the first policy meeting of the year. That seemed to defy ...

Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...

“But their effect on the economy is likely to take a bit more time.” The path to the Fed’s 2% inflation target was expected to be long and bumpy, and it has been a little choppy the past ...

On Thursday night, RPD said one of their officers stopped a vehicle on Maryland St., but the driver pulled into a driveway and ran out of the car and through backyards. The officer chased the suspect, ...

Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare moment of peace for the Fed, an illusion of tranquillity that isn’t likely to last amid the disruptions ...

When the Fed makes changes to the federal funds rate, it can greatly impact different banking products, like savings accounts, loans, mortgages, and credit cards. You can learn more about the FOMC ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

The Fed held its benchmark rate steady on Wednesday at its current range between 4.25% to 4.5%, a move that was forecast by a majority of economists polled by FactSet. Most economists also predict ...

As the Fed currently endeavors to wind down inflation without causing a recession, it is useful to see how and why it acted in the past. Forbes Advisor has compiled this history as a handy guide ...

“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...