The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they ...

PROVO, Utah (AP) — As authorities worked feverishly to find the person who assassinated Charlie Kirk at Utah Valley ...

The central bank aims to revive a flagging labor market. By Max Zahn September 17, 2025, 12:56 PM The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, ...

Erika McEntarfer, the Bureau of Labor Statistics chief fired by President Donald Trump last month, spoke about her highly controversial separation from the agency for the first time Tuesday.

Officials signaled the possibility of two more rate cuts this year. "Recent indicators suggest that growth of economic ...

Typically, the Fed hikes rates or keeps them steady to tame inflation. The central bank lowers rates to juice the economy. While the Fed previously held back on rate cuts due to inflation concerns, a ...

After the Federal Reserve announced a slight reduction in the interest rate, several prominent economists observed that the nation's central bank was making noticeable moves in direct response to ...

The Fed faces competing pressures in adjusting rates, with Trump's sweeping tariffs fueling inflation risks while the job ...