Financial markets are coming to grips with the possibility that global interest rates may not go much lower and advanced economies like the US and Australia will be prone to higher inflation in a ...

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate cuts ...

Federal Reserve Chair Jerome Powell's press conference did little to soften the stock market’s slide. The Dow was down 780 points, or 1.8%, after Powell wrapped up the question and answer ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Yields on 10- and 30-year U.S. government debt finished at their highest levels since May on Wednesday, after the Federal Reserve pulled back on the number of interest-rate cuts it foresees for ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

The Federal Reserve announced a policy decision to cut interest rates by 0.25% on December 18. This decision was accompanied by Federal Open Market Committee member forecasts, which reflected ...

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 ...

The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials ...

The nation's central bank cut interest rates in its final decision of 2024. On Wednesday, the Federal Open Market Committee announced an interest-rate cut of 25 basis points, the third rate cut ...

The Federal Reserve announces a widely anticipated 25-basis-point interest rate cut Wednesday. The Fed now projects two additional 0.25% rate cuts in 2025. The Federal Reserve announced a widely ...

U.S. stocks on Wednesday slumped after the Federal Reserve projected higher inflation and fewer rate cuts in 2025. The estimates came after the central bank announced a quarter-point rate cut, as ...