“I think we’re in a good place, but I think from here it’s a new phase and we’re going to be cautious about further cuts,” Mr Powell said at a press conference following the end of the ...

This is lower than the four estimated during the September FOMC meeting and would bring rates close to 3.9% by 2025-end. Fed chairman Jerome Powell said, “The slower pace of cuts for next year ...

Fed Chair Jerome Powell held a news conference after the central bank cut rates by a quarter-point. Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would ...

The U.S. central bank is widely expected to deliver a 25-basis-point interest rate cut at the end of its meeting later in the day, but the focus will be on how much further Fed officials think they ...

WSJ’s Nick Timiraos and former Fed Vice Chair Richard Clarida explain how much influence Donald Trump will have over the Fed. Photo Illustration: Rio Roye & Annie Zhao Investors shuddered on ...

The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...

To underline the point, the chart below outlines changes in the Fed's projections (for both 2025 and 2026) from September to December. Policymakers have moved little in their projections for ...

A chart showing the Federal funds target rate having decreased to 4.5 percent from 4.45 percent and what 19 Fed officials think that rate should be at the end of this year and next, which range ...

As widely expected, the Fed lowered its main policy rate target by 25 basis points on Wednesday to a range of between 4.25% and 4.5%, with one policymaker dissenting in favor of no action.

A lower fed funds rate reduces borrowing costs on all kinds of loans, boosting the economy as the Fed tries to prevent a severe rise in unemployment. It was the third rate cut in as many meetings ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why ...

Expectations that the Federal Reserve would cut its benchmark interest rate yet again became a reality on Wednesday when the Fed did just that ... the full CD term (or length).