Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers. Few areas of the economy ...

The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit ...

A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...

It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020 ...

A more aggressive interest rate cut would suggest deeper worries that the job market is buckling under the Fed’s continued ...

Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.

Was it “political” for the Federal Reserve to cut interest rates less than two months before the presidential election, as Donald Trump has charged? Not a bit. Not cutting rates is what would have ...

Borrowers have waited years for a sign of relief from high interest rates for everything from credit card loans to mortgages.

Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wounds are still fairly fresh," ...

"The time has come" for a shift toward rate cuts, Fed Chair Jerome Powell said. Borrowers eager for the Federal Reserve to abandon high interest rates could not have scripted a better four-word ...

The Fed had held its policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level ...