The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in ...

Likewise, fewer economists are now predicting that the Fed will cut rates at its May 1 meeting. Currently, about one-third are still penciling in a May rate reduction, down from 90% earlier this ...

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

The Fed on Wednesday raised interest rates again, opting to continue its fight against inflation despite turmoil in the banking sector. Saul Loeb/AFP via Getty Images hide caption ...

Federal Reserve Gov. Christopher Waller said that the central bank could cut interest rates as early as July, arguing that ...