The Federal Reserve cut interest rates for the first time in 2025, with the 25-basis-point reduction coming amid signs of a slowdown in the jobs market despite elevated inflation.

With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months?

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.

The Federal Reserve could cut interest rates Wednesday. Michael Keaton paid respects to the late Charlie Kirk at Investigative Reporters and Editors’ 50th anniversary gala on Monday night, while also speaking on the gun violence that took his life.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.

As widely expected, the Federal Reserve trimmed its policy rate by 25 basis points to 4.00%-4.25% on Wednesday, acknowledging a softening labor market even as inflation perked up in recent months. In the second half of 2024,

The Federal Reserve is expected to announce its decision on interest rates as inflation and consumer prices are on the rise and the nation is seeing its highest unemployment rate in nearly four years.

The Federal Reserve, which last cut interest rates in December 2024, is expected to reveal its first rate cut of the year on Wednesday. Economists and industry experts predicted a 94% chance of a quarter percentage point (0.