WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Dec 18 but signalled a slower pace of cuts ahead, as uncertainty grows over inflation and US Presiden ...

It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...

Communist-run Vietnam is planning its boldest bureaucratic reform in decades, slashing ministries, agencies and broadcasters in a bid to reduce bottlenecks and red tape, but risking short-term ...

The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...

Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024 ... the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5% ...

The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...

But he stopped short of suggesting that the Fed would cut interest rates purely to prevent job conditions from cooling, as it has in recent months. The Fed chair still had an overall optimistic ...

It was the third rate cut in as many meetings of the Fed's policy committee, which began cutting rates from a two-decade high in September. The Fed indicated future rate cuts may be fewer and ...

The Federal Reserve announced a policy decision to cut interest rates by 0.25% on December 18. This decision was accompanied by Federal Open Market Committee member forecasts, which reflected ...

See you then. "Santa came early and dropped a 25 basis point rate cut in the market’s stocking but accompanied it with a note saying that there would be coal next year." That about sums up the ...

Fed Chair Jerome Powell held a news conference after the central bank cut rates by a quarter-point. Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would ...