The Federal Reserve is "strongly committed" to bringing down inflation that is running at a 40-year high and policymakers are acting "expeditiously to do so," U.S. central bank chief Jerome Powell ...

The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of ...

The Canadian dollar weakened by the most in four months against its U.S. counterpart on Wednesday as the Federal Reserve ...

The Federal Reserve has cut its key interest rate for the first time in 2025 amid a slowing job market and economic pressure from President Donald Trump's tariffs. The Fed approved the quarter-point ...

The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...

(The Hill) — Americans with credit card debt are caught in the crossfire of the Federal Reserve’s battle to bring down inflation. The average annual percentage rate (APR) for credit cards hit 22.39 ...

Even though inflation is currently running 3% annually, well above the Fed’s 2% goal, there have been signs that some of the ...

Just ahead of the Fed meeting on Wednesday, the BoC will make the airwaves. Markets anticipate the Canadian central bank will lower the overnight policy rate by 25 bps to 2.25% – striking the lower ...

The Federal Reserve cut interest rates by a quarter percentage point Wednesday in an effort to prop up the sagging U.S. job market. The move comes as Fed policymakers face mounting pressure from the ...

Auto loan rates play a big part in many shoppers' car-buying decisions. And while the U.S. Federal Reserve has remained on ...

The Fed won’t have vast swathes of data it would normally have since it decided to lower interest rates for the first time ...