Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’ ...
What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in ...
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.
In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid.
The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove ...
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...