Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

The Fed is almost certain to cut its key interest rate on Wednesday, but the shutdown has cut off critical hiring and ...

The Federal Reserve said Wednesday it will end balance sheet run-off on Dec. 1, marking the end of a process known as ...

Auto loan rates play a big part in many shoppers' car-buying decisions. And while the U.S. Federal Reserve has remained on ...

On Wednesday, California Attorney General Rob Bonta joined a coalition 23 attorneys general in filing an amicus brief in the ...

The Fed prevails in case against Custodia Bank as the 10th Circuit upholds the Fed's authority to decide access to central ...

The Fed halts Treasury QT and cuts rates to maintain liquidity, safeguard markets, and prevent funding disruptions—learn the ...

The U.S. Federal Reserve cut its benchmark rate by 25 basis points to a range of 3.75 to 4 percent, as policymakers balanced ...

The U.S. commercial banking system remains highly liquid, supported by substantial reserve balances held at the Federal Reserve. Fed Chairman Ben Bernanke introduced a new monetary policy approach ...

The president has already called Jerome Powell, chairman of the Federal Reserve, "stupid", "imbecile" and "idiot"- and called for his resignation. The Federal Reserve is responsible for supervising ...

HONOLULU (KHON2) — With news about interest rates rising and falling, it’s common to feel confused about what that could mean for the average person and their everyday life. While there’s a bit of ...