The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...

In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Kristina Hooper, chief global market strategist at Invesco, said the U.S. economy looks set to avert a recession as the Fed starts easing monetary policy just ahead of the U.S. election, and she ...

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.