“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 ...

The S&P 500 fell nearly 3%, while the tech-heavy Nasdaq plummeted about 3.5%. The Fed cut interest rates a quarter of a percentage point on Wednesday, but the central bank also announced a fresh ...

President-elect Donald Trump's potential trade policies could change the Federal Reserve's plans in the coming year ... based on the median prediction from voting Fed members.

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 ...

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 ...

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 ...

The Federal Reserve's rate decision will jumpstart a strong market move into year-end, and even hawkish comments from the central bank will allow investors to emerge from a "zone of hesitation ...

the Fed may be getting close to the end of its rate cutting cycle.” “A more cautious approach of Fed monetary easing will keep borrowing costs higher for longer across the economy. This ...

The Fed cut interest rates a quarter of a percentage point on Wednesday, but the central bank also announced a fresh forecast calling for fewer interest rate cuts than expected just a few months ago.