The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after ...
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over ...
Despite coming only about seven weeks before the US presidential election, the Fed's policy decision elicited a fairly muted reaction, initially at least, from the presidential candidates ...
The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its ...
The Federal Reserve has reduced its benchmark interest rate by half a percentage point, marking a significant shift in ...
Many are ecstatic about the 0.5 percentage point rate cut the Fed delivered. But there are good reasons to think it comes ...
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
The US Federal Reserve's first interest rate cut since 2020 marks the start of a broader process of adjusting policy as inflation cools, Fed Chair Jerome Powell told reporters Wednesday.
The Fed announced a cut of 50 basis points, or half a percentage point, as economists and the market closely watched the news, making the new federal funds range 4.75-5%.
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...
The Federal Reserve cut the interest rate by half of a percentage point on Wednesday. It's the first time there's been a rate ...