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

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 ...

In the shadow of the government shutdown, the Federal Reserve forged ahead with another interest rate cut on Wednesday. Fed Chair Jerome Powell announced the second quarter-point cut in as many months ...

NEW YORK (AP) — The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing ...

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 ...

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

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 ...

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.