WASHINGTON (NEXSTAR)– For now, consumers can’t bank on lower borrowing costs for their mortgages, car loans and credit cards. The Federal Reserve announced Wednesday that interest rates won ...

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...

President Donald Trump on Thursday again made clear his disdain ... While many experts say the president does not in fact have the power to fire the Fed chief due to policy differences, Trump ...

Here are some questions and answers about the Fed. Why does the Fed's independence matter? The Fed wields extensive power over the U.S. economy. By cutting the short-term interest rate it controls ...

At its September meeting, the Fed decided to raise interest rates again by 75 basis points to 3.25%. Highly leveraged companies tend to be more impacted by interest rate increases.

Powell Does Not Think Trump's Labor Board Firings Case Will Apply to Fed By Howard Schneider CHICAGO (Reuters) - The legal case before the Supreme Court over President Donald Trump's firing of two ...

The Fed wields extensive power over the U.S. economy. By cutting the short-term interest rate it controls — which it typically does when the economy falters — the Fed can make borrowing ...