CNN reporter Matt Egan believes the US Federal Reserve is “not worried about inflation” after they cut rates by half a per ...
After the U.S. Federal Reserve’s large 50 basis-point interest-rate cut, attention switches back to economic ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made ...
US stocks edged lower while gold climbed to another all-time high Friday as Federal Reserve policymakers weighed in on the fight against inflation.
WASHINGTON (AP) — US inflation cools for 5th straight month as Federal Reserve prepares to cut interest rates.
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Federal Reserve Chair Jerome Powell holds a news conference to discuss the decision to cut the key interest rate by a half a ...