Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Experts tell me a series of Fed rate cuts combined with weaker economic data still point to a longer-term trend of declining borrowing rates on home loans. But the question now is whether recent data and the next administration's plans for the economy ...

Raising the federal funds rate makes borrowing money more expensive across the board. During periods of high inflation, the Fed wants to tamp down spending to let the supply of goods and services catch up with demand and bring prices down. But now that ...

By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains above its 2% target mean the Federal Reserve does not need to rush to lower interest rates,

The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop in borrowing costs.