The US central bank has cut interest rates by more than expected in its first reduction in over four years, a milestone ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after ...
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made ...
The Federal Reserve cut a key interest rate for the first time since 2020, a move that could help cash-strapped nursing home operators.
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over ...
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a ...
Despite coming only about seven weeks before the US presidential election, the Fed's policy decision elicited a fairly muted reaction, initially at least, from the presidential candidates ...
Tokyo's Nikkei led Asian markets higher Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper ...
The Fed lowered its window for the benchmark policy rate by 50 basis points to 4.75-5%, where traders had been leaning before ...