Elon Musk has come out in support of one of two men in the running for the key post of Treasury in the new Trump White House.

The Federal Reserve appears to be heading to a more wary and “hedged posture” on the rate and level of further rate cuts due ...

Global stock markets ended the week on a sour note Friday as traders mulled Federal Reserve Chair Jerome Powell's comments ...

Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, joins CNBC's 'Closing Bell Overtime' to discuss ...

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...

The Federal Reserve's rate cuts won't directly lower home prices in 2025. But they could spur a chain reaction that leads to ...

Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end ...