The Federal Reserve cut its benchmark interest rate, as expected, while penciling in one further cut for 2026. The Fed projections provide a clue about what policymakers will do if the labor market ...

Interest-rate cuts have have become an increasingly close call for Federal Reserve officials, because price increases have ...

The Fed cut rates at its last meeting of the year The Federal Reserve cut rates by a quarter-point Wednesday afternoon in alignment with expectations. Business Insider is covering developments live ...

WASHINGTON — The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire ...

Mortgage rates held steady following the Fed’s December rate cut, with 30-year fixed rates near 6.3%. Policymakers cite ongoing housing shortages and mixed jobs data as they consider future cuts. AI ...