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Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.

"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...

Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...

The Federal Reserve’s decision to slash interest rates by a half point last week set the economy up to avoid a recession, ...

Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...

The Biden administration is touting its confidence in the economy after a Federal Reserve interest rate cut spurred a stock market rally. Markets popped last week after the Fed cut interest rates ...

The stock market, in turn, should see a boring and good few weeks ahead. "Historically, quiet macro weeks have been the best ...

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The fed funds rate is the interest rate banks charge each other for overnight loans. The Federal Reserve adjusts this rate to ...

"Running a too-low real funds rate, which this Fed is apt to do, consequently risks a much higher inflation outcome," ...

Stock indexes continued to climb after a record close on Monday, as investors tuned in to new commentary from Fed officials.