The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...

Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high ...

Federal Reserve Chairman Jerome Powell's term lasts until 2026. President-elect Donald Trump is not expected to reappoint him.

But September brought a shift when the Federal Reserve cut rates for the first time in 2024. This helped push mortgage rates down for a short while, and more changes could be coming soon.

After the Federal Reserve lowered interest rates for the first time since 2020 at its last meeting with a 50-point cut, its follow-up is looking likelier to be more muted. Economic activity has ...

Investors nearly fully price in a November Fed rate cut, assigning a 96% chance, according to CME FedWatch. Election uncertainty and a widening U.S. deficit add complexity to market outlooks ...

Cost pressures are easing, and the Bank of England could therefore cut interest rates more aggressively if the U.K.’s economic slowdown deepens, he says. GBP/USD falls to 1.2950 after the data ...

Bryan Kerr and his wife watched from their Asheville, N.C., home as Hurricane Helene downed a towering oak tree in their backyard, crushing the Ram cargo van they used for their woodworking ...

AFTER four years, the long-awaited US Federal Reserve rate cut happened last month (September). It was the first rate cut since the Covid-19 pandemic, resulting in a 50-basis-point decline in the ...

Donald Trump‘s potential nominee for the Federal Reserve, Kevin Hassett, has defended the central bank’s recent interest rate reduction, despite Trump’s criticism. What Happened: Hassett ...

Earlier this year, he warned Powell against cutting rates ... of a hike”. Later, “when there was a fiscal policy blowout with a complete Democratic government, then the Fed didn’t do anythin ...