In response to mounting warning signs from the labor market, the Federal Reserve is preparing to cut its benchmark interest rate for the first time in nine months. Most economists and investors expect ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled.

NASHVILLE, Tenn. (WTVF) — The Federal Reserve announced the first interest rate cut since December. Fed leaders made the decision this week in hopes of boosting low employment, which at this point, ...

The Fed’s cut has grabbed headlines, but mortgage rates can do their own thing. Learn what’s driving them—and what it means if you’re buying or looking to refinance.

RALEIGH, N.C. (WNCN) — Borrowing could soon get cheaper, but experts say your savings account might take a hit, after the Federal Reserve cut interest rates by a quarter point Wednesday for the first ...

The federal funds rate is now 4%-4.25%. Further 2025 cuts are likely. Many, or all, of the products featured on this page are from our advertising partners who ...