WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the ...

The Federal Reserve cut short-term interest rates by a quarter-point on Sept. 17 which will impact credit card rates, mortgage rates, and auto loans for some Massachusetts residents. The Fed board ...

The path for the U.S. stock market, which is trading near all-time highs, is probably higher after the Federal Reserve last week decided to lower its benchmark interest rate, according to LPL ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a ...

After a year of sitting on the sidelines, the Federal Reserve finally cut short-term interest rates by a quarter-point. It's perhaps the most boring financial news out there, given that many market ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

Fed Chair Jerome Powell warned of labor market weakness after Fed’s first rate cut in nine months, as futures markets bet on more easing ahead. Federal Reserve Chair Jerome Powell on Tuesday ...

During its September meeting, the Federal Reserve's monetary committee voted to cut its key interest rate by 25 basis points, which brings the target federal funds rate down to 4.25%, according to the ...

The Federal Reserve officially lowered its benchmark interest rate by 0.25% during its September meeting, a move that was aimed at boosting a stalling labor market. The highly-anticipated rate cut, ...

The Federal Reserve cut the prime rate this week, but mortgage rates slightly ticked up. The bigger picture shows mortgage rates are still low. Supreme Court issues major announcement ABC pulls 'Jimmy ...