The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, but Chair Jerome Powell hinted that the central bank might pause before further lowering borrowing costs.
The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ...
• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ...
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
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