It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for ...
The Federal Reserve cut the federal funds rate today by 0.5%, targeting a range between 4.75% and 5%. An interest rate cut ...
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...
The Federal Reserve is preparing to cut interest rates for the first time in the Biden era after the White House spent the ...
On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the ...
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Investors’ giddy reaction turned slightly negative to the hotly anticipated Federal Reserve decision to lower interest rates ...
Dow industrials jump more than 200 points after central bank embarks on easing policy for the first time since 2020.
The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark ...
With the slowing labor market posing a growing risk to the economic expansion, Fed officials opted for a bold approach to ...