The US Federal Reserve has trimmed its benchmark lending rate by 25 basis points, with only one dissenting vote.

By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress ...

In line with expectations, the US Federal Reserve’s Federal Open Market Committee (FOMC), chaired by Jerome Powell, cut the key benchmark interest rate by 25 basis points on Wednesday, 17 2025. This ...

Head of the central bank, Jerome Powell, has faced months of criticism from President Trump for not cutting rates faster.

Wednesday following the monetary policy meeting, stated that labor demand has declined, inflation has risen, and c ...

The US dollar, gold and the US and global markets showed mixed reactions after the Feds cut interest rates by 25 points, but ...

Baker, Economist at ITR Economics, about the implications of the Federal Reserve's rate cut - and what's next for markets, as ...

WASHINGTON: The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first ...

Economist Lael Brainard, a former Federal Reserve vice chair and former top economic adviser to the Biden administration, ...

Earlier, the greenback had been somewhat boosted by the Fed’s projection of two more rate cuts this year, but just one more in 2026. Powell also stressed that decisions would be taken on a ...

Federal Reserve Chairman Jerome Powell after testifying before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on ...

The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly fell short of Trump's desired outcome. The Federal Open Market Committee ...