“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 ...

It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...

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 ...

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.

This decision was accompanied by Federal Open Market Committee member forecasts, which reflected expectations of fewer and slower additional Fed interest rate cuts through the end of 2025 ...

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, issuing a 25 basis point reduction. That brings the ...

Fed officials have been trying to find the right tempo for rate cuts since starting them in September with a sizable half-point reduction, and Wednesday’s cut — the third in a row — shows ...