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

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...

US central bankers will likely start long-awaited interest-rate cuts next week with a quarter-of-a-percentage-point reduction, as stubbornly intact...

US central bankers will likely start long-awaited interest-rate cuts next week with a quarter-of-a-percentage-point reduction, as stubbornly intact...

Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.

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...

Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said

The European Central Bank is likely to cut rates by 0.25 percentage points on Thursday

US stocks have opened higher as investors cheered indications the country's central bank could cut interest rates by 50 basis points.