The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Federal Reserve chair Jerome Powell said the "real issue" behind high prices in the U.S. housing market is a lack of supply, ...
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further policy easing at the European ...
Policymakers in the U.K., eurozone and Canada have already cut rates. But India, South Korea and others were, essentially, ...
It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for ...
An interest rate cut is on the way, but experts are split on how big of a reduction we could see today.
The Biden administration has been saying for months that the post-Covid surge in inflation is over. On Wednesday, the Federal ...
The reduction of the Federal Reserve’s benchmark rate will trickle down in a variety of ways, some are slower than others ...