After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...

The Federal Reserve lowered interest rates on Thursday by a quarter of a percentage point, its second consecutive rate cut this year, as inflation continues to cool.

The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...

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

Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.

After the Federal Reserve's interest-rate cut of a quarter percentage point Thursday, markets are already looking ahead to ...

WASHINGTON — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that ...