The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5%– the first time the ...

The 50-basis point cut was a last-minute surprise that left markets scratching their heads about how to react.

For municipals, Wednesday "marks a crucial step forward, perfectly aligned with the current risk landscape," said James ...

The Washington Post gave us one of its standard deficit scold pieces yesterday. As we know, the Washington Post editorial board is absolutely the most ...

Policymakers signaled more reductions lie ahead, a development that could curb lenders' net interest income in the near term but support economic growth and credit quality.

A crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter’s ...

The Federal Reserve finally slashed interest rates, delivering a half-point cut — the high end of consensus expectations.

The Federal Reserve cut interest rates by half a percentage point on Wednesday, marking the first reduction in four years and reflecting a shift aimed at ...

At future meetings, FOMC policymakers will consider "additional adjustments" to rates based on "incoming data, the evolving ...

U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...