The Federal Reserve on Wednesday slashed interest rates by a quarter point even as officials remained conflicted over whether to prioritize stubborn inflation or weakness in the labor market. Although ...
• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...
The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...
WASHINGTON, DC - JULY 30: Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington ...
MEXICO CITY—The Bank of Mexico extended its monetary easing cycle Thursday as expected with an 11th consecutive cut in its benchmark interest rate, and kept the door open to more reductions in the ...
A vast cliffside compound near Wellington, New Zealand, is hitting the market for the first time in nearly a century, giving prospective buyers the chance to build a lavish bolthole in the ...
In our news wrap Wednesday, the Federal Reserve cut its topline interest rate by a quarter-point for the second time this year, President Trump is due to meet China's Xi Jinping on the last leg of his ...
The Federal Reserve on Wednesday cut interest rates by a quarter point for the second time in a row on labor market concerns – but Chair Jerome Powell said another cut in December is “far from” ...
The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the panel of ...
In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ...
new video loaded: Fed Cuts Interest Rates for Second Time This Year transcript Fed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another quarter point on Wednesday ...
Nigeria’s central bank cut its key interest rate for the first time since the Covid-19 pandemic in 2020 , amid slowing inflation and a recent strengthening in the naira. The 12-member monetary policy ...