Federal Reserve cuts interest rates amid economic uncertainty

The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more ... Read More

US Fed CUTS interest rates for first time this year after pressure from Donald Trump

The US Federal Reserve has lowered interest rates for the first time this year after facing mounting pressure from President Donald Trump. At its meeting today, policymakers voted to reduce rates by ... Read More

Facing Trump's pressure, the Fed cuts rates for the first time this year

The Fed lowered interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The move comes as policymakers face growing pressure from President Trump. Read More

Federal Reserve cuts interest rates for the first time this year

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash rates. Read More

Fed announces first rate cut in nine months, signals more reductions to come

Fed announces first interest rate cut since December as Trump continues to push for influence at the central bank ... Read More

Could a Fed Rate Cut be Bad for the Economy?

The Fed will release its interest rate decision on Wednesday, with the market expecting a 25 bps cut to kick off the next cycle of lower rates. Read More

Fed cuts rates as plunging job gains trigger alarm for economy

The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee ... Read More

US small caps, housing stocks rally as Powell opens door to rate cuts

Aug 22 (Reuters) - Rate-sensitive stocks rallied on Friday after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table in September, citing a shifting balance ... Read More

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell signaled interest rate cuts could be on the way. The Dow rose 846 points, or 1.89 ... Read More

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More