Federal Reserve cuts rates to lowest level in three years

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.

October Fed Meeting: Live Updates and Commentary

The October Fed meeting is a key economic event, with Wall Street waiting to see what Fed Chair Powell & Co. will do about interest rates.
American Banker

Federal Open Market Committee Press Conference: Live coverage

The Federal Reserve's interest rate-setting body is expected to announce a 25 basis point cut and provide guidance on the trajectory of its balance sheet Wednesday afternoon.

Live updates: Senate votes to terminate Trump’s Canada tariffs; Xi meeting underway

President Trump is meeting Chinese President Xi Jinping in South Korea on the last leg of his Asia trip this week. The two ...

Powell suggested tech giants fueling the AI boom and GDP hardly care about Fed rate tweaks. They just proved him right

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

Why the Fed May Stop Shrinking Its Balance Sheet Sooner Than Expected

Earlier this month, Federal Reserve Chair Jerome Powell hinted that the Fed could soon end its quantitative tightening ...

Trump administration narrows list of potential Federal Reserve chairs to 5

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the ...
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Stock Market Today: Dow Hits High As Fed Meets; Microsoft Joins Nvidia In $4 Trillion Club (Live Coverage)

The Dow Jones Industrial Average and other major stock indexes showed positive action Tuesday midday, helped by healthy ...