Fed makes first interest rate cut in nine months. Two more expected before year's end.
Facing mixed economic signals, the Federal Reserve delivers a quarter-point reduction
The U.S. Federal Reserve cut its benchmark interest rate by a quarter-percentage point on Wednesday, the first reduction in nine months.
Fed's Powell hints at rate cut in September
Move by US central bank could give housing market much needed boost
Federal Reserve Chairman Jerome Powell hinted Friday that the central bank may cut interest rates in September — a shift that could give the housing market a much-needed boost.At a...