The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...

The future of public media depends on viewers like you. WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also ...

2 economy. The average mortgage rate for buyers’ first homes in 42 big cities inched up to 3.08% in November from a record low of 3.05% in the previous month, the first increase since October ...

Investopedia / Photo Composite by Alice Morgan / Getty Images The Federal Reserve updated its projections for future rate cuts on Wednesday, indicating that borrowing costs could be higher than ...

U.S. Federal Reserve chair Jerome Powell in Washington on Dec. 18. The Fed cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects ...

The stock market swooned Wednesday in response to a piece of news that might not seem all that dire on first read: The Federal Reserve could cut interest rates fewer times in 2025 than experts had ...

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers. Actual target rate Latest ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why ...

WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in policy, the central bank dialed back expectations for ...

WASHINGTON – The Federal Reserve lowered its key interest rate by another quarter percentage ... items that were driving inflation higher – such as rent, and car insurance and repairs ...

News updates from December 18: Fed cuts rates but ‘hawkish’ forecast hits stocks; UK inflation accelerates in November on facebook (opens in a new window) News updates from December 18 ...

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its ...