The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.