NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled.
Flagging risks of slowing economic growth and job gains, the US Federal Reserve cut rates by 25 basis points. US is the world's largest economy and any benchmark rate movement by its central bank has ...
Eight times a year, the Federal Open Market Committee (FOMC) of the Federal Reserve meets to assess the economy and determine whether it should adjust the federal funds rate. That may not sound like ...
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 ...
The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Florida could face major insurance change under new proposal A Massive New Study Says This Is What ...
Economy reporter Allie Kelly breaks down what we know about the Federal Reserve cutting interest rates, and what it could mean for mortgage rates, car and credit card loans. Buccaneers' Baker Mayfield ...
With mortgage rates as low as they have been in nearly a year, is now the time to buy a house? The U.S. housing market has been sluggish for years as homeowners locked into mortgage rates below 6% ...