The Federal Open Market Committee announced it would move its rate target to a range of 3.50% to 3.75%, down from 3.75% to 4%.
U.S. Federal Reserve Chair Jerome Powell walks as he attends to hold a press conference following a two-day meeting of the ...
Further interest rate cuts are by no means guaranteed. Mr. Powell said that after a trio of quarter-point cuts since ...
The Federal Reserve's starkly divided policy committee cut the central bank's key interest rate by a quarter-point Wednesday, ...
Treasury yields rose to a three-month high on Wednesday morning despite Wall Street's near certainty that the Federal Reserve ...
The move was expected, but three dissents show that the central bank is divided on the future path of interest rates.
The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.
The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
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