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

Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.

On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the rate to between 4.75% and...

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...

The Federal Reserve of the United States on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with...

Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent. The new discount...

The Federal Reserve lowered its benchmark interest rate by half a percentage point on Wednesday, marking a significant shift in The post Federal...