The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that ...

CBS News Business Analyst Jill Schlesinger joins on what the cut of interest rates means to our wallets and the future of ...

Americans grappled by inflation may sense a bit of relief since the Federal Reserve announced Wednesday it lowered interest ...

The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.

The Federal Reserve moved aggressively Wednesday to start cutting interest rates as easing inflation fears gives way to ...

WASHINGTON — The Federal Reserve is meeting Tuesday and Wednesday, and a potential interest rate cut could be on the horizon.

On Wednesday, the Federal Reserve cut key interest rates for the first time over four years, and the local expert we spoke ...

Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is ...

U.S. inflation rate eased to 2.5%, well below historic norms as Americans are regaining the buying power lost in 2022.

The Federal Reserve announced on Wednesday that it is lowering its key interest rate by 50 basis points (or a half percent) ...

A financial advisor says the new Federal Reserve interest rate cuts could be good for the Atlanta housing market.