The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...

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

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

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 ...

Inflation has fallen, and the labor market is still healthy. So why did the central bank act more aggressively than many had ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its ...