Big swings were the backdrop for the Federal Reserve’s interest rate decision and Chair Jerome Powell’s subsequent press ...
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline ...
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued ...
The Fed cut its benchmark interest rate a half of a percentage point in September, dialing back its yearslong fight against inflation and delivering relief for borrowers saddled with high costs.