The Federal Reserve just cut interest rates, but don't get used to falling borrowing costs: they're likely to stay where they ...
The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...
The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year ...
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
LONDON (AP) — The U.K.’s central bank has kept interest rates on hold as inflation moves further above its target rate, ...