The Fed has other tools at its disposal, but interest rates are the hammer. Now that inflation has waned, the Fed plans to lower rates quickly over the next year. Put another way, the Fed is ...

With inflation taking much longer to cool than officials previously thought, the Fed signaled in those updated projections that they now are expecting to cut interest rates just once this year ...

The Fed now expects core Personal Consumption Expenditures ... In his press conference, Fed Chair Jay Powell explained this latest rate cut is a reaction to the weakening of the US labor market.

The Federal Reserve on Wednesday cut interest rates by a half point, a bold move that it said was possible because it believes inflation is under control. So, now what? The move is a reversal of ...

After all, Fed officials are expected to launch a flurry of rate reductions now that inflation and job ... Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter.

Every three months since January 2012, the Federal Reserve has sent analysts scurrying by updating its “dot plot,” which has become the de facto monetary policy forecast of the US central bank ...

The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate ...