WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

In the shadow of the government shutdown, the Federal Reserve forged ahead with another interest rate cut on Wednesday. Fed Chair Jerome Powell announced the second quarter-point cut in as many months ...

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.“Job gains have slowed this year ...

President Trump is proposing a federal initiative to purchase mortgage-backed securities as a way to push down long-term mortgage rates. The plan w ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for better financial decisions.