The quarter point rate cut was the first in nine months as Fed Chair Jerome Powell said the Fed is trying to find the balance between its dual mandate of maximizing employment and keeping inflation in ...

Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor ...

Like the Federal Reserve, the Bank of England is in a tough position, with inflation running way above its 2% target.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor ...

Markets fastidiously try to gauge what the Federal Reserve will do with interest rates, but central bank officials’ projections released Wednesday show even they aren’t sure what’s coming next.

The Fed lowered its benchmark overnight lending rate by 0.25% on Wednesday. CNBC's Jim Cramer warned investors not to make major market moves based solely on the Fed's interest rate decisions, ...

Later today, we'll get a sense of where mortgage interest rates are right now from the Mortgage Bankers' Association. There ...

Click on the interview above to learn how Wednesday's decision by the Federal Reserve might impact your finances.

The post The Fed Just Cut Interest Rates — Here’s What That Means for You appeared first on Katie Couric Media.

Some observers suggested that the Fed might institute a larger rate cut because of pressure from President Trump while others felt that it would resist the political pressure, which has been ...