Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far ...

Wall Street stocks had a mixed close with focus on Nvidia's upcoming quarterly results and concerns over potential delays in ...

Bank of Minneapolis President Neel Kashkari said he didn’t support the US central bank’s last interest-rate cut, though he’s still undecided on the best course of action for its December policy ...

Nvidia becomes the first company in history to hit a $5 trillion valuation. Plus, the Federal Reserve is expected to cut interest rates today. Follow along for live updates and reaction from the Dow, ...

The Federal Reserve cut interest rates again for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than ...

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% ...

The rate went from 4.1% to about 3.9%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four decades Big picture view: The Fed stayed ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The second-to-last Federal Reserve meeting is set to begin today and, ...

The Federal Reserve's 25-basis-point rate cut on Wednesday has set the benchmark interest rate at its lowest in three years, potentially lowering mortgage rates further. Economists anticipate another ...