Fed Chair Jerome Powell said after the decision that the US economy remains strong. “Powell expressed a lot of confidence in ...
The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop ...
Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...
President Biden is set to address the nation on Thursday to discuss the election and the transition. Trump has been invited ...
Its September meeting marked the first time the Fed had cut its rates in several years. As a result, high-yield savings ...
The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by ...
It rose from 5.89% in the week ending Sept. 19 to 6.86% in the week ending Nov. 7. Mortgage rates skyrocketed even as the Fed ...
RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...
The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.