The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December — as the U.S. grapples with a stalling labor market and slower economic ...
• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...
The Federal Reserve announced a highly anticipated interest rate cut Wednesday, a move indicating that concerns about a slowing labor market now outweigh ongoing worries about inflation. It's the ...
The Federal Reserve cut its policy rate by 25 bps to 4.00%-4.25%, citing rising downside risks to employment despite persistent inflation. September's move was a ...
The Fed is likely to cut the Federal Funds rate by 0.25% at the December FOMC, moving to a 3.50-3.75% range. However, the Fed could be on a long pause after the December cut, which could be ...