But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...

Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...

Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

The Federal Reserve kicked off its easing campaign with a bang Wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%. Quarterly projections showed a narrow ma ...

This is the economic U-turn we've been waiting for. The Federal Reserve announced a massive half-point cut in short-term interest rates on Wednesday. It's been a long time coming. After inflation ...

or “the Fed,” is the central bank of the U.S. and plays an outsized role in shaping the nation’s monetary policy. One of its key functions is setting interest rates. Those rates determine ...

The Federal Reserve's next meeting is September 17 and 18 and expectations have grown about the likelihood it will lower rates for the first time in 14 months. In a keynote address in August ...