New Federal Reserve governor Stephen Miran, left, is trying to shake things up at the central bank, but he's a lone wolf for now. The Federal Reserve is a house divided on how aggressively to cut ...

Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far ...

Markets now see a December rate cut as more likely than a pause, reflecting how quickly expectations can shift. If the Fed cuts rates in mid-December, it will push today’s savings and CD yields lower.

Stephen Miran – the newest Fed governor appointed by President Trump – said Thursday he plans to push for a half-point interest rate cut at the central bank’s meeting later this month. Policymakers ...

• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ...

The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed’s December meeting after Jerome Powell, the central ...