The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...

Federal Reserve Chair Jerome Powell on Wednesday put a “heavy thumb” on the scale regarding an interest-rate cut coming ... Fed Vice Chair Philip Jefferson noted the July 1995 easing cycle ...

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

Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, with a dissent from Fed ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further ...

WASHINGTON DC - The U.S. Federal Reserve has taken the bold step of reducing official interest rates by half of one percent.

The European Central Bank should keep cutting interest rates gradually but it does not need to set a schedule since ...

But those rate cuts are unlikely to be a panacea for housing ... that monetary tightening has reduced housing investment,” Philip Lane, chief economist of the European Central Bank, said in ...

The European Central Bank (ECB) seems far from excited about cutting interest rates next month. Philip Lane ... with ...

So, while Federal Reserve chief Jerome Powell's much-awaited Jackson Hole speech on Friday fueled the rate-cut optimism that ... Central Bank chief economist Philip Lane struck a more cautious ...

Rabobank said it has compressed the timing of its forecast for interest rate ... cuts of 25 bps each beginning in September and in each quarter through June 2025. Senior U.S. Strategist Philip ...