The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...

The Federal Reserve yesterday cut its benchmark interest rate a larger-than-usual half-percentage point, to between 4.75% and ...

"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.

For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...

The Fed's surprise 0.50% rate cut was driven by rising unemployment and cooling inflation, aligning with its dual mandate.

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive cut ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...

Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...

The Fed's action aims to alleviate high interest rates but may exacerbate inflation, stressing consumers and increasing the ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...