But the 2 per cent target for inflation is toast. It will stay an aspiration, but when the chairman of the Federal Reserve, ...

Many economists warn that Trump’s plans are likely to worsen the inflation he’s vowed to eradicate, drive up the federal debt ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

At its previous meeting in September, the Fed cut the rate by half a percentage point for the first time in four years as ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

The latest decision means the target range ... s fight against inflation should be “gradual.” It was the first meeting of the ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

Earlier that year, in England, Prime Minister Liz Truss responded to the highest inflation in four decades with an economic policy centered on tax cuts and energy price controls. Her tenure in office ...

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high ...

Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.

The Fed cut its benchmark interest rate a half of a percentage point in September, dialing back its yearslong fight against ...