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The Fed lowered interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The ...
Chair Jerome Powell and other officials had held rates steady this year while assessing the impact of tariffs, immigration ...
The Federal Reserve announced its first interest rate cut of the year on Wednesday, lowering the benchmark rate by a ...
The Federal Reserve on Wednesday cut interest rates for the first time this year, with policymakers opting for an expected ...
The latest: The Fed cut rates by a quarter point, the first time interest rates have been lowered this year. President Donald ...
President Trump has called for a “big cut” to interest rates ahead of the Federal Reserve’s meeting this week, despite inflation rising and economists predicting only a ...
"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...
Follow the latest Trump administration news, including the president's U.K. visit, the Fed interest rate cut and testimony on ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
Investors expect that this will be the meeting at which the Fed pivots, switching from keeping interest rates high to cutting them.
The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly ...