Announcement marks first cut in four years.   19:12 The Fed’s so-called “dot plot”, which shows Fed officials’ ...

The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...

"The time has come for policy to adjust," Fed Chair Jerome Powell said during his address ... which tends to drive up spending and fuel prices. The job market also supported a rate cut this ...

Strangely, the US Federal Reserve’s larger-than-expected rate cut of 50 basis points (bps) does not seem to have ... sometimes with disinflation,” was Powell’s calibrated comment in the ...

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

Since April, inflation has decreased to under 3%, close to the Fed’s 2% goal. Barclays estimates a report later this month ...

LIKE ANY good central banker, Jerome Powell is a ... If the economy does make a soft landing, historians will surely look favourably upon Mr Powell’s chairmanship. That seemed extremely ...

The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...

Powell rate cut, Jerome Powell, Federal Reserve ... stationary inside a clear box beside its cars while Chinese companies showcased humanlike robots playing the zither or grabbing sodas, last ...

Rarely does the auto industry receive good news from Jackson Hole, Wyo., but this week was different: Fed Chairman Jerome Powell, speaking Aug. 23 at the Jackson Hole Economic Symposium ...

Gold prices surged nearly 1% on Friday, reaching around $2,510, as anticipation builds ahead of Federal Reserve Chair Jerome Powell's highly ... sentiment that could drive the price in either ...