Fed officials, in a set of projections also released on Wednesday, signalled that they expect to reduce their key rate twice more this year, but just once in 2026. View on euronews ...

Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 ...

The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly fell short of Trump's desired outcome. The Federal Open Market Committee ...

C.E.O. Ken Peavy of Montgomery-based Paramount Wealth Management believes in Powell, and says the decision was the right one.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor ...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year ...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor ...

The first cut of this year brings the key interest rate down by a quarter percentage point. The Federal Reserve says they do anticipate two more cuts by the end of the year. Waco Economist Ray ...

Federal Reserve Chair Jerome Powell spoke to reporters after the central bank cut interest rates by a quarter point, ...

The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent.

The Fed’s steering FOMC committee delivered a rate cut, as expected. Markets disliked hearing hawkish-flavored guidance, but seesawing stocks cloud what’s next.

In anticipation of a Fed interest rate cut, average mortgage rates on 30-year fixed home loans fell last week to an 11-month ...