When the Fed makes changes to the federal funds rate, it can greatly impact different banking products, like savings accounts, loans, mortgages, and credit cards. You can learn more about the FOMC ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

The decision was unanimous among the voting members of the Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction ...

MINNEAPOLIS - General Mills , Inc. (NYSE: NYSE:GIS), currently valued at $34 billion by market capitalization, has finalized the sale of its Canadian yogurt operations, including the Yoplait and ...

chairman and CEO of Stonyfield Farm, to campus last night. Hirshberg talked about corporate responsibility and brought along free samples from his company, which produces organic yogurt.

The Fed has a dual mandate: First, it aims to keep prices stable, which means maintaining a rate of inflation of around 2% per year as measured by the Consumer Price Index (CPI). Second ...

WASHINGTON, DC - DECEMBER 13: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news ... [+] conference at the headquarters of the Federal Reserve on December 13, 2023 in ...

The Fed's projections point to two more rate cuts in 2025, but Wall Street thinks there might only be one. Lower rates are good for the stock market, but investors should brace for some short-term ...

That contrarian bet has remained in place even after a benign inflation report last week strengthened the Fed’s rate-cutting stance and caused yields in the US Treasury market to retreat from ...

The Fed will continue cutting, albeit on a slower path than had been expected, Guggenheim CIO Anne Walsh told the Reuters Global Markets Forum, opens new tab at the start of the World Economic ...

President-elect Donald Trump is bringing back a senior White House official who led his first-term push to make it easier to fire civil servants. James Sherk, who served as a special assistant on ...

The framework was set up in December 2017. As a reason for its withdrawal, the Fed said in a statement on Friday that the scope of the NGFS had expanded to a range of issues "outside" the central ...