The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.
A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...
Inflation has picked up in recent months alongside a hiring slowdown.
Federal Reserve cuts its benchmark interest rate by 0.25 percentage points, bringing the federal-funds rate to 3.50 %–3.75 % ...
The Fed could have waited for delayed economic reports on inflation and employment, Chicago Federal Reserve Bank President ...
While the Fed predicts inflation will moderate in 2026, Chair Jerome Powell still sees price pressures rising early next year ...
Fed officials should be able to focus on the wavering labor market and cut interest rates by another quarter percentage point ...
The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials ...
The Federal Reserve's starkly divided policy committee cut the central bank's key interest rate by a quarter-point Wednesday, ...
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing ...
The Swiss National Bank kept its interest rate at zero, judging that a weakened inflation outlook doesn’t yet justify a ...