Wall Street strategists are divided on what to replace the federal funds rate with should the Federal Reserve decide to abandon the long-used policy target following remarks from a central bank ...

A Federal Reserve official surprised Wall Street last week when she proposed the US central bank abandon the benchmark that’s served as its main policy tool for decades. What was striking wasn’t the ...

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ...

The U.S. economy grew at a strong 3.8% annualized pace in the second quarter, the government reported Thursday in its final revision of gross domestic product data for April through June. U.S. GDP — ...

The Federal Reserve cut interest rates this past week by a quarter of a percentage point. But where rates go from here is a coin toss, at best, given that Fed members’ latest forecasts diverge widely.

U.S. stock markets closed at a record high on Monday, continuing the trend for three straight days. The Fed rate cut last week and indications of further easing of policies boosted investors’ ...

Federal Reserve officials on Wednesday penciled in slightly steeper interest rate cuts this year and next, but there was a wide array of responses in the so-called dot plot, signaling uncertainty ...

The Federal Reserve lowered interest rates last week, which has historically been a bullish signal for crypto. But the Fed's dot plot threw investors for a loop, as Fed members indicated they expect ...

U.S. stock markets closed at record highs on Friday following the Fed rate cut last week and indications for further easing of policies. Some progress in U.S.-China trade talks also boosted investors’ ...

Federal Reserve Chair Jerome Powell moved markets on Wednesday with his comments on the central bank's recent interest rate cut, prompting a sell-off in bonds that could send mortgage rates higher.