After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...
While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit ...
The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.
The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...
Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they ...
Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from ...
The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in ...
The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government ...
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...
Last month, the Federal Open Market Committee (FOMC), a policymaking body at the Fed, projected two additional quarter-point ...