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

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...

Central bank's rate-setting committee says it has 'greater confidence' inflation is moving towards two-percent target.

The US Federal Reserve has cut its benchmark interest rate by an unusually large half-point.

The US Federal Reserve has cut its benchmark interest rate by an unusually large half-point.

The US Federal Reserve has enacted its first interest rate cut since the early days of the COVID pandemic, slashing benchmark rates in an effort to...

WASHINGTON, Sept. 18 (Xinhua) -- The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a...

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...

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced...