Federal Reserve

Powell's term ends in May 2026.

Economists predicted that 214,000 new jobs would be created in November.

EY's chief economist and JP Morgan Wealth Management's head of investment strategy weighed in on the decision.

The Federal Reserve gave its decision on Wednesday at 2 p.m. ET.

Economists expected U.S. employers to add about 20,000 more jobs in August than reported.

EY economists expect three rate cuts, each of at least 25 basis points (bps) or 0.25%, in September, November, and December, during the three remaining scheduled meetings of the year.

Inflation hit a three-year low last month.

Wednesday's CPI report tracks inflation to its lowest point since early 2021.

On Monday, the U.S. stock market plummeted after a global selloff and fears of a recession.

The news follows Wednesday morning's release of the latest CPI report.

With cheap money behind us, you'll want to rethink how you finance your business

Opportunity is around the corner, so here's how you can make sure you're watching the right rates.

The average net worth of homeowners stood at $1.53 million in 2022.

This is the 11th rate increase since March 2022, reflecting the Fed's efforts to control inflation.

FedNow aims to modernize the country's payment system, reducing delays in cash transfers and providing real-time settlement in central bank accounts.

The FOMC is slated to hike rates next week and it may surprise the market. Between then and now is the PCE Price Index which may sway the outlook and...

For many proprietors, variable-rate small-business loans are a common part of business. Yet, their borrowing costs are set to skyrocket to double digits this year due to Fed rate hikes. Small and medium-sized business owners can't fight the Fed, but there are a few other things they can do to save — and even grow — their businesses.

The U.S. Federal Open Market Committee announced that it would be raising baseline interest rates on Wednesday afternoon.

Up to $2 trillion in liquidity could flow to banks in the financial services sector. Here's how you can position your portfolio.

With higher borrowing costs across the economy, it's time for businesses to get creative with spending and investing.

During the Fed's February meeting, economists cautioned that stocks and real estate prices could fall this year and inflation could persist into 2024.