The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.

The US central bank has announced its first interest rate cut in more than four years, lowering rates by 50 basis points.

The US Federal Reserve has lowered its benchmark interest rate by half a percentage point to bolster the labour market. The new rate range is now...

US Federal Reserve Meeting: The US Federal Reserve has cut interest rates by 50 basis points, the first reduction in over four years, aiming to...

The Federal Reserve cut a key interest rate Wednesday for the first time in more than four years of inflation fighting, reducing its benchmark rate by...

The US economy is at an "important turning point," the top economic advisor to President Joe Biden said Monday, calling for safeguards to be put in...

Washington, DC (AFP) — The U.S. Federal Reserve is set to announce its first interest rate cut in more than four years on Wednesday, with...

Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...

Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...

Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest...