So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...
The Swiss National Bank, the first among Western peers to lower borrowing costs in March, cut rates again in June to 1.25%. It has signaled it intends to keep going. Money markets view another cut ...
It's been a long and bumpy road to the Federal Reserve's first interest rate cut in more than four years — a moment that could prove decisive to the finances of millions of Americans.
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything ...
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive start to a policy shift aimed at bolstering the US labor market. Projections released ...
The Federal Reserve announced a policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts, which reflect expectations of additional Fed ...
The Federal Reserve announced its first interest rate cut in four years Wednesday, one of its most consequential decisions in recent memory, a move likely to be panned by former President Donald ...
The Federal Reserve cut its influential federal fund rates by 50 bps today. This is the first cut to the central bank's key interest rate since 2020. With the rate cut, borrowing costs for all ...
Does it mean the Reserve Bank will have to cut rates too? What will it do to the value of Australia's dollar? Why is the US cutting rates? The US decision to cut rates means it is joining the ...
The Federal Reserve is poised to cut rates Wednesday for the first time in years. In the video above, our Fed correspondent Nick Timiraos discusses the historic move and explains what’s at stake.
The Federal Reserve on Wednesday cut interest rates by a half point, a bold move that it said was possible because it believes inflation is under control. So, now what? The move is a reversal of ...