At the last two Federal Reserve Board meetings, the agency cut the federal funds rate -- for a total of 0.75%. You might think this means all interest rates will automatically drop by that same amount ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled.

In response to mounting warning signs from the labor market, the Federal Reserve is preparing to cut its benchmark interest rate for the first time in nine months. Most economists and investors expect ...

The Federal Reserve's recent decision to cut interest rates for the first time since 2020 has sparked optimism among borrowers but raised questions about the economic outlook. Recently the Federal ...

NASHVILLE, Tenn. (WTVF) — The Federal Reserve announced the first interest rate cut since December. Fed leaders made the decision this week in hopes of boosting low employment, which at this point, ...

Sept 18 (Reuters) - The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to ease some of the ...

The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers. Few areas of the economy ...