Before the recent surge in interest rates, they spent a long time going down, down, down. For example, the Federal Funds rate — the main interest rate that the Federal Reserve uses to try and ...

President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in ...

When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.

Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...

The debate over where neutral rests wasn’t particularly important earlier this year, because interest rates were at a level nearly all Fed officials deemed to be restrictive. That was ...

It’s pricey to borrow to buy a business, car or home these days. Interest rates are expected to fall in coming years — how much is up for debate. By Jeanna Smialek Dr. Alice Mills was thinking ...

As the Fed left interest rates unchanged on Wednesday, central bank chief Jerome H. Powell did not give a specific timeline for future cuts, saying any decisions depend on how the economy unfolds ...

The debate over Florida's state budget continues in Tallahassee, and the Federal Reserve decided to leave interest rates unchanged for the third time. As the budget battle continues in ...

European Central Bank policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic restriction, conversations ...

Faced with soaring inflation as economic growth boomeranged back from the coronavirus pandemic, the central bank sprinted to raise interest rates starting in March 2022. The Fed’s benchmark ...