This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. The Federal Reserve policymakers announced a quarter percentage point, or 25 ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points Wednesday, bringing the federal funds rate to its lowest level in more than three years. CBS News' Kelly O'Grady and ...

For the second time this year, the Federal Reserve on Wednesday decided to lower its key interest rate by a quarter of a percentage point. Federal Reserve Chair Jerome Powell noted during a briefing ...

The current federal funds rate target range of 3.50%-3.75% is too restrictive and needs to be cut by at least a full percentage point this year, Federal Reserve Governor Stephen Miran said in a ...

Take A Number: A Striking Figure In Economic News Today Small monthly changes in the unemployment rate often grab headlines, but economists say they aren't significant unless it changes by at least ...