The Federal Reserve announced an interest rate policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts.

We explore the politics of today’s Fed announcement.

Plus, tonight’s premiere of “The Golden Bachelorette.”

The Fed’s aggressive 0.5-percentage point lowering of interest rates spurred a major rally.

The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.

The US Federal Reserve has cut interest rates by a half-point in a surprise move.

The Federal Reserve cut interest rates by 50 basis points on Wednesday.It's the first interest-rate cut in over four years.It's the aggressive

HONG KONG :The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25 per cent, tracking a move by the U.S. Federal Reserve.Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to

The Federal Reserve cut interest rates Wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning.

(Bloomberg) — Asian currencies advanced to the strongest level in more than a year after the Federal Reserve kicked off policy easing and signaled further interest-rate reductions this year.

If anything, the cutting should have begun earlier.

Thursday's edition of Forbes Daily covers markets react to rate cuts, X moves to Texas, LinkedIn AI training, WNBA expanding to Portland, Sustainability Leaders and more.

The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.

Sept. 18 (UPI) -- Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.

The Federal Reserve cut interest rates for the first time in four years Wednesday, signaling the start of its easing campaign.

In recent years Republicans have been accused of making up rules or redefining existing practices and policies across at least a dozen areas – including voting rights and gerrymandering, their use of the debt ceiling as a “bargaining chip,” and the conservative U.S. Supreme Court’s “shadow docket,” ...

The Australian Dollar (AUD) extends its upside for the third successive day against the US Dollar (USD) on Wednesday.

The Fed’s aggressive 0.5-percentage point lowering of interest rates spurred a major rally.

EUR/USD soared into a fresh high for September after the Federal Reserve (Fed) surprised markets with a full 50 bps rate cut on Wednesday, pushing risk appetite into the high side and sending traders scrambling for the buy button.

The Federal Reserve reduced the federal funds rate by 50 basis points, marking the first time it has dropped rates since March 2020.

Market experts say the rate reduction was a net positive, though unlikely to move motivate sellers or buyers in a significant way.

All the details of the first rate cut since 2020 … what Fed members predict for additional rate cuts … what does this mean for the market?

WASHINGTON – (INT) - The Federal Reserve appears to be on its most aggressive inflation-fighting course since the 1980s. It slashed interest rates by a half-percentage point Wednesday and signaled two additional cuts this year and possibly four more in 2025. The Fed’s decision is the first easing of monetary policy since 2020. “The (Fed) has gained greater confidence that inflation is moving sustainably toward 2%, and judges that the risks to achieving its employment and inflation goals are roughly in balance,” the Fed said in a statement after a two-day meeting. The move is expected to ripple through the economy, providing the first dose of relief in years to Americans who have struggled with high borrowing costs for mortgages, credit cards, and auto and other loans. It comes less than 7 weeks before the November 5th presidential election.

Yesterday signaled a new era of bringing down interest rates in the continued effort to bring a "soft landing" to the economy.