The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at ...

September 17. That's when the next Federal Reserve meeting will conclude, and with it, many experts now predict that the first interest rate reduction of 2025 will be issued. While multiple rate reductions were issued in the final months of 2024, the ...

Wednesday's disappointing ADP jobs report for September was giving way to rising expectations by traders for a preemptive-style quarter-point reduction in interest rates in December, following an almost certain cut of the same size this month. A preemptive ...

The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama. The 11-1 decision supported by Fed Chair Jerome Powell and a majority of the Federal ...

It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024, the central bank elected to reduce its benchmark ...