Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...

Next week, the Federal Open Market Committee will assemble to determine the future direction of interest rates. Analysts expect the Fed to lower the rate by another quarter-point, after a ...

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

The Federal Reserve cut interest rates Wednesday for the third time in a row, but left big questions about any additional rate cuts in the future. The Federal Open Market Committee voted to cut its ...

FOMC weighs inflation risk, missing data from shutdown. The combination of cooling but sticky inflation, the government shutdown and a historically data-driven Fed have converged into making an ...

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...

This is read by an automated voice. Please report any issues or inconsistencies here. Federal Reserve officials are sharply divided on a December rate cut, with market odds plunging to 50-50 from 94% ...

WASHINGTON (TNND) — Another rate cut seems likely at next week’s Federal Reserve meeting -- unless Chair Jerome Powell invokes the latest economic data as grounds for a postponement. Former White ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the panel of ...