The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on ...

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...

Last week’s surprisingly poor jobs report and massive downward revisions to previous months’ data have spurred renewed ...

Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait ...

Friday's weak jobs report has rekindled bets on the Federal Reserve making a series of interest-rate cuts this year. As of ...

The Federal Funds Rate is the price the Fed charges U.S. banks to borrow money overnight. This sets short-term benchmark ...

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.

Interest rates have dropped to 4.2 percent due to inflation and employment rates, resulting in lower earnings for retirees ...

The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting Wednesday amid tremendous ...

S.C., discusses the Federal Reserve leaving interest rates unchanged, trade talks with China and his new book on ‘Sunday ...

The Federal Reserve is set to announce its July interest rate decision on Wednesday. CBS News business contributor Javier ...