The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome ...

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor ...

Markets are on edge as the Federal Open Market Committee prepares to announce its decision on interest rates. Here’s ...

The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've ...

Wall Street widely expects a quarter point cut though the Federal Reserve board has less data to work with because of the ...

BI's economy team will share highlights from the Fed's meeting and explains the implications for your wallet.

Here’s how the central bank’s latest cut will affect rates.

Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their dot plot projections suggest only one interest rate cut expected in 2026.

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.

For seniors on Social Security, there’s perhaps no more important an announcement each year than a COLA (cost-of-living ...