President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...

Elon Musk, the CEO of Tesla and SpaceX and a billionaire supporter of newly elected President Donald Trump has endorsed the ...

Elon Musk, the CEO of Tesla and SpaceX, billionaire, and supporter of the newly elected President Donald Trump, endorsed the ...

Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...

The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop ...

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

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

This autumn’s rise in rates reflects these buoyant prospects. The Federal Reserve‘s recent stewardship contributes to the ...

The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.

Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when they voted for president.

Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...