John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...

On Sept. 17, the Federal Reserve voted to cut the federal funds rate by 25 basis points. A basis point is one one-hundredth of a percentage point. Mortgage lenders anticipated this move; last week, ...

The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50%–3.75% to support maximum employment and curb somewhat elevated inflation amid moderate economic growth and slowing job ...

OTTAWA, Sept 17 (Reuters) - The Bank of Canada is expected to cut interest rates by 25 basis points on Wednesday, spurred by weak job reports and economic contraction in the second quarter. It would ...

Wall Street's major averages rallied on Wednesday after the Federal Reserve announced its decision to cut interest rates by 25 basis points. The benchmark S&P 500 (SP500) closed +0.7%, just 4 basis ...