The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change ...

The Fed trimmed its benchmark interest rate by a quarter percentage point on Wednesday, its first reduction of 2025.

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...

The Federal Reserve has reduced interest rates by a quarter of a percent, citing a cooling labor market, with potential ...

The decision comes as President Trump criticizes Chair Jerome Powell and fights to remove Fed Governor Lisa Cook from her ...

The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what ...

Everyone was expecting the Federal Reserve to cut interest rates this week and they didn’t disappoint, cutting rates by a ...

With the Federal Reserve expected to reduce its key interest rate, economists and Wall Street investors will be looking for ...

Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank would cut rates amid President Donald ...

Chair Jerome Powell and other officials had held rates steady this year while assessing the impact of tariffs, immigration ...

Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for the first time in 2025.

Fed Chair Jerome Powell, speaking in a press conference after the U.S. central bank lowered its benchmark interest rate by a ...