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The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for ...

NEW YORK — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal funds ...

The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September NEW YORK -- The Federal Reserve cut its benchmark interest rate by a quarter point ...

Small business owners have faced significant uncertainty this year due to rising inflation and ongoing discussions about tariffs, which have affected their ability to buy and sell goods and services.

NEW YORK - The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair Jerome Powell cautioned that another move in 2025 is not guaranteed.

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. NEW YORK (AP) ...

The Federal Reserve announced its second interest rate cut of 2025 on Wednesday, lowering its benchmark rate by 0.25 percentage points. Many economists say the quarter percentage point cut could help ...