The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...
The rate cut could gradually reduce costs for mortgages, credit cards, auto loans, and business borrowing, offering some ...
The central bank said it will soon end its efforts to shrink its now roughly $6.6 trillion balance sheet under a program known as quantitative tightening, or QT, which began in 2022 as a way to ...