The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...
A pause would give Federal Reserve officials time to assess the effects of the three rate cuts made this year.
Anticipation over a Federal Reserve interest rate cut, which was barely registering a few weeks ago, is now growing to a fever pitch. Following an unemployment report that showed the rate increasing ...
Some Federal Reserve officials who supported cutting a key interest rate last month could have instead backed keeping the ...
The central bank’s decision to lower interest rates for a third straight meeting was highly contentious, reflecting an internal divide that will likely limit how much borrowing costs will fall next ...