The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central bank ...

WASHINGTON >> The Federal Reserve cut interest rates by half of a percentage point today, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in ...

Homebuyers waiting for mortgage rates to be reduced may have to wait a few more months. That seemed to be the message this week after the latest inflation report from the Bureau of Labor Statistics ...

The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move to tackle white-hot inflation that is plaguing the economy, frustrating consumers ...

The Federal Reserve lowered interest rates on Thursday by a quarter of a percentage point, its second consecutive rate cut this year, as inflation continues to cool. The economy continues to grow at a ...

The Federal Reserve made another consequential decision to raise rates by a historic three-quarters of a percentage point to tame inflation. It was the first time ever that the Fed raised rates by ...

The Federal Reserve has cut interest rates for the first time since 2020. The decision to cut rates by a half a percentage point was the more aggressive option, putting the benchmark rate at a range ...