The US Federal Reserve announced a half-percentage-point cut to its key lending rate on Wednesday, marking its first reduction in over four years. This move aims...
WASHINGTON — The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve...
After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after...