Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Federal Reserve Chair Jerome Powell spotlighted the strength of the economy this week as he lowered interest rates from punishingly high levels, saying the U.S. is in “good shape” and growth ...

The Fed's surprise 0.50% rate cut was driven by rising unemployment and cooling inflation, aligning with its dual mandate of maximum employment and stable prices. The larger-than-expected cut ...

The Fed’s first rate cut lopped 50 basis points off its policy rate, bringing it down to a range of 4.75%to 5%. While that was a bold move, it also leaves short-term rates relatively high.

With the pace of inflation slowing and the job market cooling over the past few months, some experts and Democratic lawmakers have been urging Fed Chair Jerome Powell to cut rates sooner rather ...

The Fed delivered a jumbo-sized rate cut this week. The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal ...

With the 50 point cut, the Fed lowered the target range for the federal funds rate to 4.75% to 5% – down from 5.25% to 5.5%. "Our economy is strong overall and has made significant progress ...

The Fed on Wednesday lowered its benchmark rate by 0.50 percentage points, a critical pivot after the central bank introduced a flurry of rate hikes to tame the pandemic's high inflation.

Fed Chair Jerome Powell entered a new phase in his campaign to softly land the U.S. economy, lowering interest rates Wednesday with an audacious half-point cut. The move raised new questions the ...

The Fed chief said launching the unwind of its historic tightening campaign with a big move while the US economy is still strong would help limit the chances of a downturn. But he was careful not ...

The Fed cut interest rates by 50 bps in September, anticipating no further meetings until November, aiming to counter a slowing economy and soft labor market. Updated Fed projections show higher ...