The Federal Reserve on Wednesday cut interest rates for the first time since March 2020, as the central bank lowered the benchmark federal funds rate by 50 basis points amid progress in the fight ...

So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...

Ready to cut the cord? It's totally normal to feel overwhelmed. There's so much going on in the streaming space that it's hard to figure out how to navigate it. While cable offers one, single hub ...

Sept 18 (Reuters) - The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to ease some of the ...

The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision ...

It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s ...

The Federal Reserve cut its influential federal fund rates by 50 bps today. This is the first cut to the central bank's key interest rate since 2020. With the rate cut, borrowing costs for all ...

The Federal Reserve announced its first interest rate cut in four years Wednesday, one of its most consequential decisions in recent memory, a move likely to be panned by former President Donald ...

But don’t be fooled: Most Americans will have to squint pretty hard to notice much of a difference from one cut, or even multiple cuts, for at least a year, if not more. When the Fed wants to ...

Futures tied to the Fed policy rate as of Tuesday mid-morning implied about a two-in-three chance of a bigger cut, versus a one-in-three chance of the more moderate 25 basis-point reduction still ...

Powell emphasized in a speech last month in Jackson Hole, Wyo., that the Fed is prepared to cut rates to support the job market and achieve a notoriously difficult “soft landing.” That is when ...