Here’s how the central bank’s latest cut will affect rates.

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing ...

The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...

Kevin Hassett to be next Fed chair ? Fed Chair Jerome Powell will address the media after the meeting, offering updates on the economy, labour market, and inflation, and how the c ...

The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market.

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome ...

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates ...