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"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what ...
The Fed trimmed its benchmark interest rate by a quarter percentage point on Wednesday, its first reduction of 2025.
In what was expected to be a contentious Federal Reserve meeting, policymakers on Wednesday instead emerged with a nearly ...
Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central ...
Fed Chair Jerome Powell, speaking in a press conference after the U.S. central bank lowered its benchmark interest rate by a ...
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected more cuts twice this year as concern ...
Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S.
The Federal Reserve announced on Wednesday that it would be cutting interest rates. Joe St.George breaks down why you should ...
The expected move is likely to be followed by a path of gradual easing of interest rates that will lower borrowing costs for ...
The Federal Reserve announced its first rate cut of the year, bringing its key interest rate down to a range of 4% to 4.25%.
A fter a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest ...