The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.

NEW YORK — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...

As concerns over inflation and proposed tariffs loom overhead, the Federal Reserve will begin its two-day final interest rate meeting of the year.

The Federal Reserve lowered interest rates once again ... The Fed originally went on an interest rate rising spree in an effort to curb inflation, which peaked at 9.1 percent in 2022.

With the federal funds rate finishing 2024 at a 4.25%-4.50% target range, the updated SEP shows two 25-basis-point rate cuts in 2025,according to the median projection, compared with the previous estimate of 100 bps of easing.

Last week, the Federal Reserve reduced interest rates by 0.25 percentage points, marking the third consecutive rate cut. The move was largely expected, but what I find interesting are the

The Federal Reserve is set to announce a quarter-point cut to its benchmark rate, from about 4.6 percent to roughly 4.3 percent.

Stock investors have returned to favoring a few large tech companies as expectations about the number of cuts in 2025 have been challenged recently, according to Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Co.

Elon Musk took aim at the Federal Reserve on social media early Monday morning, calling it “absurdly overstaffed.” Musk, a close ally of President-Elect Donald Trump, is set to lead a new initiative dubbed the Department of Government Efficiency alongside Vivek Ramaswamy,

The mREIT industry gained momentum in early 2024, driven by optimism surrounding the Federal Reserve rate cuts. Per the Freddie Mac report, the average rate on a 30-year fixed-rate mortgage was 6.62% at the beginning of 2024,