The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets. But as inflation has fallen in the months since, and the labor market has cooled, analysts at top US banks have raised the number of cuts they expect the Fed to pencil in this year.

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets. But as inflation has fallen in the months since, and the labor market has cooled, analysts at top US banks have raised the number of cuts they expect the Fed to pencil in this year.

US Federal Reserve cuts lending rate by half a percentage-point before election, aiming to boost economy.

Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75 per cent-3.00 per cent range.

The US Federal Reserve cut its main interest rate by half a percentage point on Wednesday, September 18...

The AUD/USD pair surged towards the 0.6800 level following the Federal Reserve's unexpected decision to cut interest rates by 50 basis points, surpassing the anticipated 25 basis points reduction.

USD/JPY plummed the depths of 140.80 on Wednesday after the Federal Reserve (Fed) dropped a 50 bps rate cut on markets.

Stocks of AI companies are set to bounce as the US Fed Reserve gears up to cut interest rates, a report said on Wednesday.

US stock markets finished a memorable day in the red on Wednesday as the Federal Reserve made its biggest cut to interest rates in 16 years.

Honeywell (HON) stock is sinking on Wednesday in the leadup to the Federal Reserve announcing its interest rate decision.