But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
The Fed is expected to cut its benchmark rate to a range of 4.25% to 4.5% at its December meeting. That would reflect ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...