Facing Trump's pressure, the Fed is likely to cut rates for the first time this year

The Fed is likely to lower 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 Trump. Read More

Federal Reserve wrestles with how many interest rate cuts to make and how fast

With the Federal Reserve widely expected to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking Wednesday for signs of how deeply the ... Read More

Federal Reserve to announce interest rate cut amid economic slowdown, pressure from President Trump

The Federal Reserve is expected to announce a long-awaited interest rate cut this week, responding to a slowing economy as opposed to yielding to President Donald Trump's demands. Recent data shows ... Read More

The Federal Reserve is expected to cut interest rates. How low will it go?

While inflation remains above the Fed's 2% target, economists expect a rate cut this September to address the weakening labor market. Read More

Trump’s pressure on Powell to lower rates comes to a head

President Trump’s pressure on Federal Reserve Chair Jerome Powell to lower interest rates will come to a head Wednesday at a pivotal meeting of the central bank. Trump has sought to reshape the ... Read More

US sectors to watch as Fed lines up first rate cut of 2025

U.S. corporate sectors that are sensitive to interest rates will be in focus as the Federal Reserve looks poised to lower borrowing costs for the first time this year, with most having already notched ... Read More

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be ... Read More