NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...

Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently from the ...

The Federal Reserve is meeting on Tuesday and Wednesday to determine the appropriate monetary policy that can both address both inflation risks alongside the increasingly disconcerting state of the ...

September 2025 has finally arrived, and with it, excitement and anticipation surround a new interest rate reduction courtesy of the Federal Reserve. The federal funds rate has remained frozen for all ...

WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to ...

Canal Convergence — the giant outdoor art festival at the Scottsdale Waterfront — will be back for 2025 with a theme that's sure to be showstopping. Presented by Scottsdale Arts, Canal Convergence is ...

What is needed for poor countries to catch up with rich ones? This paper first documents the role of human capital, physical capital, and financial development in convergence in manufacturing labor ...

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers. Actual target rate Latest projections 6 ...