The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...

WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...

Dow industrials jump more than 200 points after central bank embarks on easing policy for the first time since 2020.

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...

Federal Reserve cuts key interest rate by a sizable half-point, signaling an end to its inflation fight ...

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...

The Federal Reserve cut interest rates Wednesday by a half-point, the first rate reduction in four years. The cut, which was ...

With inflation tamed, the Fed has lowered borrowing costs for credit cards, loans, auto financing and mortgages ...