Federal Reserve issues Second rate cut of 2025
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Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year
The Federal Reserve's decision on Wednesday to lower interest rates by a quarter percentage point was met with dissenting votes by two policymakers, one favoring a larger cut and another preferring no reduction at all,
Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but pushed back against market bets that it would keep going as the Washington shutdown fogs up its forecasting lens.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s ...
Fed Governor Waller says the U.S. central bank is entering an era that embraces DeFi and digital assets within the mainstream financial system.
Pacific markets traded mixed as investors await the Federal Reserve's interest rate decision. Japan's Nikkei 225 hit a fresh record high, crossing 51,000 for the first time.Japan's Nikkei 225 jumped 2.