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This is it. Everybody’s expecting the Federal Reserve to announce a cut in borrowing rates later today, and investors have been practically jumping for joy. Savers? Not so much. The Fed’s borrowing ...

Over the last couple of weeks we've been seeing President Donald Trump applying unprecedented political pressure to the Federal Reserve to cut interest rates. We're waiting to see if the board of ...

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.

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 ...

Stats NZ said on Thursday that gross domestic product (GDP) dropped 0.9% in the June quarter, a steeper contraction than had been expected.Abigail Dougherty New Zealand's economy being in worse shape ...

The Federal Reserve officially lowered its benchmark interest rate by 0.25% during its September meeting, a move that was aimed at boosting a stalling labor market. The highly-anticipated rate cut, ...