A cut in interest rate typically incentivises economic activity, promotes growth, and increases job creation by making it cheaper for people to borrow money. Conversely, a hike in interest rates or ...

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

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...

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

See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.

The Federal Reserve cut rates by 50 basis points on Wednesday. Some experts viewed this as primarily a response to ...

The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous ...

The Fed's decision signalled a shift towards easing monetary policy, with experts divided on its implications for the global ...

In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...

The Federal Reserve’s decision to cut its benchmark interest rate by a half percentage point on Wednesday will eventually ...

Freddie Taylor and his wife say that every penny counts on their fixed income as retired military personnel. When it comes to borrowing money to buy a new car, the ...

With the labor market cooling but still on solid footing and the economy continuing to post solid growth, the Federal Reserve ...