The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.

The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.

Fed officials now see more unemployment and less inflation this year and next year. | Economy

Committee sees another half-point of cuts in rest of 2024.

Move expected to be only the first in a series of rate cuts that will extend into 2025

The Federal Reserve announced on Wednesday the first interest rate cut since 2020, a half-percentage

The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.

Most economists think that rate-setters on the Monetary Policy Committee will keep the UK interest rate on hold on Thursday.

The rate cut ends a 14-month period where rates were held steady. This duration is longer than three of the last six Fed 'hold' periods but falls short of the 15-month pause before the 2007-2009 financial crisis.

The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.

The so-called dot plot indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.

The base rate was cut for the first time since 2020 last month

While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.

At long last, it seems that the Federal Reserve has smelt the coffee that it was keeping interest rates too high for too long for the economy's good. However, it remains to be seen whether today’s

The Federal Reserve cut its benchmark interest rate by half a percentage point [non-paywalled source] on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the pandemic. Financial Times: The US central bank's first cut in more than four years le...

Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year after the central bank began its long-awaited easing cycle with an above-average 50-basis point cut.

The USD/CAD pair attracts fresh sellers during the Asian session on Wednesday and currently trades below the 1.3600 mark, down less than 0.10% for the day.

The US Federal Reserve (Fed), easily the largest and most powerful central bank in the world, just decreased its Federal Funds Interest Rate by 50 basis points (bps) to a reference range of 5.0-5.25% percent.

Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this year.

The first rate cut in years will affect many types of consumer products. Here's what it means for credit cards, mortgage rates, auto loans and savings accounts.

The USD/CAD pair posts modest gains around 1.3605 during the early Asian session on Thursday.

The Federal Reserve cut interest rates for the first time in four years Wednesday, signaling the start of its easing campaign.