The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...

Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not ...

The Fed cuts rates as expected, signaling more easing ahead. Click here for more information on Market Outlook.

Fed Chair Powell described the reduction as “a risk-management cut” against the growing downside risks to employment. But with inflation still above the Fed’s 2% target – typically justification to ...

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%.

Sterling’s modest decline after the BOE decision to keep rates steady likely reflects the unchanged language in its forward ...

Strong overnight gains have Wall Street poised to open at record highs Thursday following the Federal Reserve’s first interest rate cut in nine months. Futures for the S&P 500 rose 0.8% before the ...

Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, ...

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...

Kevin Burgett, an economist at LH Meyer/Monetary Policy Analytics, predicted the Fed will cut rates by another quarter-percentage point in October. A rate cut in October "is the path of least ...

The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed ...

The Fed’s nearly-unanimous decision to reduce its key interest rate was seen by many as a quiet show of unity.