The Latest Breaking News from US Federal Reserve

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

It's the first Fed rate cut since the COVID lockdown easing that began in March of 2020.

Buyers, sellers, and refinancers can benefit from how much rates have dropped already, off the expectation that the Fed would deliver an interest rate cut this month—and it did.

The central bank's federal funds rate had been at a 23-year high.

Stocks showed positive momentum as investors awaited the Federal Reserve's interest rate decision, reflecting cautious optimism in the market.

Learn about the Federal Reserve's role in shaping the US economy through interest rates and data-driven decision-making.

Federal Reserve's efforts to control inflation faced challenges in 2022 and 2023, leading to relief for Americans as bond yields decreased.

Stocks dip as investors await Federal Reserve's interest rate decision. Market analysts attribute drop to cautious sentiment. Experts optimistic about mark...

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.07%. Stocks today are little changed on uncertainty ahead of the FOMC’s...

Learn about the gradual and enduring impact of Federal Reserve interest rate cuts on the economy.

The dollar index (DXY00 ) today is down by -0.12%. The dollar is trading defensively ahead of this afternoon’s FOMC decision. Heightened speculation the Fed will opt to cut the fed funds target range by 50 bp today instead of 25 bp is weighing on the dollar as swap markets...