The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, ...
Today’s Forbes Daily newsletter features news from the Federal Reserve, Oracle’s earnings miss, Waymo sets its goal, Jack ...
The Federal Reserve cut interest rates amid a data blackout caused by the record-breaking government shutdown.
The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.
The yield on the benchmark U.S. 10-year Treasury note fell 4.3 basis points to 4.143% after swinging between a session low of ...
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.