The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...

Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...

Last week, the US central bank opted to lower its benchmark policy rate by a quarter-point to a new target range of 4.25-4.75 ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...