The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.

President Biden will speak on the significant milestones of inflation and interest falling rates while the economy remains strong.

Norways central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.

Ronda Churchill/ReutersA crowd assembled to hear Republican vice presidential candidate

Presented by Plan B One Step Democrats are pushing to extend subsidies that are set to expire next year {beacon} Health Care Health Care   The Big Story Democrats press for ACA subsidies extension The enhanced ObamaCare subsidies established through the Inflation Reduction Act are set to expire at the end of 2025 and...

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.

A reporter asked JD Vance to react to the Fed's rate cut that will lower inflation, and the Trump supporting crowd booed lowering inflation.

A reporter asked JD Vance to react to the Fed's rate cut that will lower inflation, and the Trump supporting crowd booed lowering inflation.

The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates in an effort to head off a slowdown in the labor market.With both the jobs picture and inflation softening, the central banks Federal Open Market Committee chose to lower its key overnight borrowing rate by a half percentage point...

Central bank's rate-setting committee says it has 'greater confidence' inflation is moving towards 2 percent target.

For the first time since 2020, the Federal Reserve on Wednesday cut interest rates as expected amid falling inflation in the U.S. economy. Rates were cut by 50 basis points, or a half percent.

he Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the central bank eased borrowing costs following progress in the fight against inflation.The Fed's first interest rate cut since March 2020 lowers the benchmark federal funds rate to a range of 4.75% to 5%.Interest r...

An interest-rate cut has arrived and it's a big one.On Wednesday, the Federal Open Market Committee announced it would be cutting interest rates by 50 basis points. It's the first time the Federal Reserve has cut rates since March 2020.This puts an end to the central bank's aggressive inflation fighting during the pandemic and confirms Fed Chair Jerome Powell's remarks during his addr...

It marks a crucial milestone for the central banks historicinflationfight, which keptratesat a bruising 23-year high for more than a year.

Inflation has fallen, and the labor market is still healthy. So why did the central bank act more aggressively than many had been expecting?

Federal Reserve cuts key interest rate by a sizable half-point, signaling an end to its inflation fight

The Federal Reserve cut a key interest rate Wednesday for the first time in more than four years of inflation fighting, reducing its benchmark rate by half a percentage point in a sign that the central bank is now more focused on a weakening job market than on high prices.