Wednesday's decision to reduce the benchmark federal-funds rate by a quarter point—to between 3.5% and 3.75%, a three-year low—is aimed at protecting against a sharper-than-anticipated slowdown in ...

The Federal Reserve said Wednesday it's keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation's economic outlook. The decision to hold rates steady marks a ...

Federal Reserve cuts its benchmark interest rate by 0.25 percentage points, bringing the federal-funds rate to 3.50 %–3.75 % — the lowest in nearly three years. The decision, made amid internal ...

TOKYO (AP) — Asian shares were mostly lower, trading in a narrow range ahead of a Federal Reserve meeting later Wednesday that's expected to result in the third cut to interest rates this year.

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...