The Federal Reserve cut its benchmark interest rate for the first time in nine months. Here's how it could impact you savings, loans, and mortgage.

The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...

Federal Reserve cuts ratesby one quarter basis point, warning of slow job market as inflation stays stubbornly above target.

The Bank of Canada announced on Wednesday that it's lowering its key interest rate by 0.25 points from 2.75 to 2.50 per cent ...

Typically, the Fed hikes rates or keeps them steady to tame inflation. The central bank lowers rates to juice the economy. While the Fed previously held back on rate cuts due to inflation concerns, a ...

The Fed lowered interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The ...

Federal Reserve Chair Jerome Powell announced the Fed is cutting interest rates by a quarter point in response to a slowing job market. The Fed is looking to strike a balance between strong inflation ...

The US central bank is aiming for its soft landing that avoids recession, but the data and competing policy choices will make it difficult.

What's next? One rate cut won't solve anyone's financial woes. The expectation, though, is that economic conditions could give the Federal Reserve more room to cut rates possibly two more ...

The central bank aims to revive a flagging labor market. By Max Zahn September 17, 2025, 12:56 PM The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, ...