The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June about the pace of interest rate cuts in 2024. The latest iteration of the Fed's "dot plot" penciled in two more quarter-point cuts before the end of the year,

The Federal Reserve is widely expected to announce Wednesday that it is cutting interest rates, the first such move in more than four years.

Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates

Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a

The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.

The Federal Reserve is poised to cut interest rates for the first time in four years. Here are some key ways it will trickle down to businesses and consumers.