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

The Federal Reserve cut a key interest rate by a quarter point on Wednesday to a target range of 4 to 4.25 percent and ...

The Federal Reserve on Wednesday announced a 0.25% rate cut in the wake of U.S. President Donald Trump's demands to do so amid ongoing tariff worries.

The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.

The Federal Reserve cut its key rate to 4.1%, its first reduction since December, and projected two more cuts this year amid labor market worries.

The Federal Reserve cut its benchmark interest rate for the first time in nine months. Here's how it could impact you savings, loans, and mortgage.

The Fed's FOMC met to discuss monetary policy and decide on rates, which led to a 25 bp rate cut and two more planned for ...

The Federal Reserve just delivered the rate cut that Wall Street predicted, trimming the federal funds rate by 0.25 ...

Given the Fed’s new forecast, savers are likely to see shifts in savings and CD rates. Here’s what the year-end outlook suggests for your earnings ahead.