The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...

Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent..

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...

WASHINGTON DC - The U.S. Federal Reserve has taken the bold step of reducing official interest rates by half of one percent.

The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5%. Here is the full text of the monetary ...

Fed Policy Meet: The US Federal Reserve has surprised economists and the market with a 50 bps rate cut, an aggressive ...

The Federal Reserve shapes the economy by adjusting the fed funds rate, which directly affects certain borrowing costs for consumers and businesses. Lowering rates tends to benefit those with ...

The Fed is following a 30-year-old playbook with its interest rate moves — and that's good news for the US economy, according to TS Lombard. The firm pointed to the central bank's 50 basis point ...

Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the central bank since 2005, denying Fed Chair Jerome Powell a ...

But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday. What made this time different? The jumbo half-point cut the Fed ...

The Federal Reserve cut interest rates Wednesday by a half-point, turning the page on an era of dangerously high inflation and marking a major shift at the central bank that could bring relief for ...