Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

The chart below shows the median net worth among American households based on the age of the reference person. Data source: Federal Reserve 2022 Survey of Consumer Finances. Note: Reference person ...

Participants for the most part favored slowing the pace of rate cuts, after approving a 0.25% reduction last month, the third ...

The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut ...

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

The S&P 500 has performed well over the past year, in part because of expectations that the Federal Reserve will continue cutting interest rates. The futures market currently puts the probability ...

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 ...

First, inflation using the Personal Consumption Expenditures measure, which is the Federal Reserve’s preferred measure when making decisions: PCE inflation rates over time. Put succinctly ...

Most Federal Reserve officials expect the pace of interest-rate reductions to slow next year and beyond as inflation proves sticky, according to the central bank's updated Summary of Economic ...

Groups representing banks and businesses, including the Bank Policy Institute, have filed a lawsuit on Tuesday against the Federal Reserve for ... The court documents note that the banking groups ...

The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the central ...

The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%. Federal Reserve officials lowered their benchmark ...