Federal Reserve Chair Jerome Powell held a news conference after the central bank cut interest rates by 25 basis points, bringing its benchmark federal-funds rate to a two-year low.

NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic outlook for 2025.

Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.

Fed chair Powell speaks at a press conference in Washington. /Courtesy of Federal Reserve The recent surge of AI agents signifies that anyone can create and own AI agents by combining blockchain ...

Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference Wednesday in Washington. (ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) · ANDREW CABALLERO-REYNOLDS via Getty ...

Image Source : AP Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve. The Federal Reserve cut its benchmark interest rate by a quarter for the ...

WASHINGTON—The Federal Reserve cut its key interest rate Wednesday by a quarter-point—its third cut this year—but also signaled that it expects to reduce rates more slowly next year than it previously ...

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference. (File)(REUTERS) The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4. ...

Federal Reserve's Stance on Bitcoin: Powell Speaks Out Federal Reserve Chairman Jerome Powell clarified that the U.S. central bank has no intention of holding Bitcoin. He stated that legal ...

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