The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...
It’s unusual for the market to be so divided over the likely outcome of a Federal Reserve meeting this close to the central ...
The Federal Reserve is expected to cut its influential fed funds rate in its September meeting. But economists and market ...
Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter. The next Federal Reserve meeting will be held from ...
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
Fed meeting is highly anticipated. It is expected to bring about the first rate cut after a series of hikes and pauses.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.