Nine of the 12 FOMC members voted to cut rates by 25 basis points. Here's a recap of all that happened.
The cut of a quarter point could make it cheaper for average Americans who hold a mortgage, have credit card debt or need to ...
Streets were empty, shops shuttered and soldiers fled a key eastern DR Congo city Wednesday a day after the Rwanda-backed M23 ...
The decision, which lowers the target range for the federal funds rate to 3.5 to 3.75 per cent, is the Fed's third straight ...
The move was expected, but three dissents show that the central bank is divided on the future path of interest rates.
CNN's live coverage was halted to deliver a breaking news announcement that will impact millions of people and the future of ...
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.
Wall Street loves lower interest rates because they can boost the economy and goose prices for investments, even if they also can worsen inflation.
Receipts for November amounted to $336 billion, a record for the month, compared to the $302 ​billion collected during the ...
Like taxes imposed by the government, not all rate increases are inherently bad for consumers. Improving an overtaxed power ...
The Federal Reserve will soon unveil its December rate decision. Analysts expect multiple dissents alongside another quarter-point rate cut.
The U.S. Federal Reserve is ending 2025 with a bang, delivering another rate cut for consumers amid an uncertain year for the ...