Federal Reserve Bank of New York President John Williams said Monday that the era of persistently low underlying interest ...

However, despite the Fed holding its benchmark interest rate steady since December, some banks are raising annual percentage ...

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

Fed governor Lisa Cook's lawyer, Abbe Lowell, said President Donald Trump 'has no authority to remove Federal Reserve ...

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

For months, the US president has been piling pressure on the Federal Reserve, demanding interest rate cuts to give the US ...

President Donald Trump wants the Federal Reserve to lower its target interest rate, saying that high rates mean higher ...

By ousting Cook, the president could potentially add another voice to the Fed's board, to try and shift interest rates in his favored direction.

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...

Former Federal Reserve Governor Frederic Mishkin warned that President Trump’s move to fire Federal Reserve Governor Lisa Cook could actually lead to higher interest rates, not lower ones, as Trump ...

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that ...