Politics Federal Reserve cuts key rate as government shutdown clouds economic outlook Wednesday's decision brings the Fed's key rate down to about 3.9%, from about 4.1%. Federal Reserve Chairman ...

The Federal Reserve cut interest rates for the second consecutive time, despite little recent visibility on economics data due to the government shutdown. The central bank voted to lower borrowing ...

Heather Timmons runs the Live Page during Americas hours, editing and producing Reuters real-time news feed of the biggest stories of the day. Earlier she was the Reuters White House editor, a 2024 ...

The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the panel of ...

The Federal Reserve will almost certainly cut its key interest rate on Wednesday. This would be the second cut of the year, and a third has been projected for December as well. But the shutdown has ...

WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the ...