The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.

The Federal Reserve ordered another quarter-point cut to its federal funds rate, but not without dissents among the rate-setting committee.

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The reduction of interest rates could deliver some relief for mortgage and credit card borrowers.

Bitcoin traders wondering what the digital currency’s price will do next should closely monitor policy developments, according to several analysts.

Markets are rethinking the Fed’s path after its latest cut and a split 2026 outlook. Here’s how to track shifting rate expectations and what it could mean for savings.

Federal Reserve Bank of Cleveland President Beth Hammack said she would prefer interest rates to be slightly more restrictive to keep putting pressure on inflation, which is still running too high.

The unusual dissent among Federal Reserve officials and President Trump's demands for lower rates have cast extra attention on who gets to vote on policy moves. Four of the 12 voting members of the policy committee will change in January,

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.