The Fed trimmed its benchmark interest rate by a quarter percentage point on Wednesday, its first reduction of 2025.

The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower ...

Coming ahead of tomorrow’s UK rate decision from the Bank of England, any hopes of a rate cut should be tempered with price ...

Officials previously estimated in June that rates would be drawn down by half a percentage point from the current range of 4.25% to 4.5% in 2025, but slightly slowed the pace for next year and 2027 to ...

The US Federal Reserve has announced a cut in its key interest rate by 0.25 percentage points, the first cut this year In the ...

Federal Reserve Chair Jerome Powell is set to speak with reporters following the central bank's decision to deliver the first interest rate cut of 2025.

The Fed’s first interest-rate cut this year is likely to be followed by similar reductions in October and December if the ...