If you took out a mortgage between 2022 and 2024, and your rate is higher than you would like — this could be your sign to refinance. On Dec. 10, the Federal Reserve announced a Federal Funds Rate cut ...

Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling there may be only one cut next year as rates get closer to a neutral level. The Fed lowered ...

The Federal Reserve cut interest rates by a quarter point on Wednesday, as it was widely expected to, lowering borrowing costs for the third time since September. The latest cut brings the target ...

The Wall Street Journal’s Kate Linebaugh, Damian Paletta and Aaron Kuriloff took subscriber questions after the Fed made its decision on interest rates. Photo: Caroline Brehman & Tom William/ZUMA ...

The Federal Open Market Committee (FOMC) delivered financial markets a Christmas gift after all, with a one-quarter-point interest-rate cut Wednesday. Only six weeks ago, Chairman Jerome Powell had ...

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The Federal Reserve on Dec. 10 announced a quarter-point rate cut to its benchmark federal funds rate, its third in a row, aimed at lowering borrowing costs for consumers. The decision brings the ...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers ...

Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...