The federal government plans to require businesses to accept cash as payment. But as its use continues to decline, the role ...
Fed Chair Powell has signaled a slower pace of interest-rate decreases in 2025. These voters rotating in could help shape ...
The Federal Reserve's plans for interest rate cuts in 2025 are up in the air as officials wait to see what policy President-elect Donald Trump will impose and what effect it has on the economy. In ...
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
It should embrace clear monetary-policy rules and explain its reasoning for departing from them.
The Fed lowered its benchmark policy rate by a quarter percentage point earlier this month, and signaled just two reductions for 2025. Chair Jerome Powell made clear the central bank is entering a new ...
Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.