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 ...
The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove ...
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 ...
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.
The Federal Reserve cut interest rates for the first time in the Biden era on Wednesday after the White House spent the last ...
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 ...
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in four years after aggressive ...