While the quarter-point cut won’t transform budgets overnight, experts say it may slowly bring relief to some borrowers and offer opportunities for those who approach it wisely.
The Federal Reserve announced another interest rate cut, and chairman Jerome Powell broke down key details about the economy that led to the decision. MarketWatch's editor in chief Mark DeCambre joins CBS News with his take.
The Federal Reserve on Wednesday cut interest rates by a quarter point with Fed Chair Jerome Powell suggesting the economy is improving, but acknowledging more challenges ahead. The third cut of the 2025 sent stocks rallying on Wall Street…
News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federal-reserve-rate-cut-signals-two-more-reductions-in-2026/The Federal Reserve cut interest rates by a quarter percentage point on…
The Federal Reserve, the US central bank, lowered its benchmark interest rate by 25 basis points on Wednesday. The move comes as the US economy deals with sticky inflation, slowing jobs figures and a lack of official data because of the…
The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion. The decision was announced after the Jerome Powell-led…
The dollar fell on Thursday after the Federal Reserve reduced its key interest rate by 25 basis points on Wednesday. This is the third rate cut by the Fed in a row. However, Chair Jerome...
The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months.