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The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year ...
The Federal Reserve, which last cut interest rates in December 2024, is expected to reveal its first rate cut of the year on ...
The central bank faces attacks on its independence and an uncertain economy defined by tariffs and slowing job growth.
The move is the central bank's first rate cut since December, as concern grows over the health of the country's labor market.
Chair Jerome Powell and other officials had held rates steady this year while assessing the impact of tariffs, immigration ...
Central bankers have been delaying rate cuts over fears that tariffs could reheat inflation, which did pick up over the ...
Federal Reserve Chair Jerome Powell said the central bank will cut interest rates by a quarter point, following rising ...
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Federal Reserve’s policy committee will vote on Wednesday, with a rate cut likely as inflation stays above target and U.S ...
The Federal Reserve has cut its key interest rate, reducing borrowing costs in an effort to boost hiring and prevent a surge of unemployment.
U.S. stocks are ticking higher after the Federal Reserve indicated that more of the cuts to interest rates that Wall Street ...