Announcement marks first cut in four years. Powell says rate cut timing has nothing to do with US election 20:29 ...

Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...

Experts give their 2 cents on how well the chief communicates with the public about the Fed's interest rate policy.

Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...

The Federal Reserve is expected to cut its influential fed funds rate in its September meeting. But economists and market ...

Jerome Powell-led rate-setting panel reduced the policy rate by 50 bps for the first time in four years after leaving the ...

Jerome Powell-led rate-setting panel reduced the policy rate by 50 bps for the first time in four years after leaving the ...

The financial market eagerly awaits the FOMC interest rate cut decision and Jerome Powell speech later today. Both these ...

The US central bank cut the overnight rate by half a percentage point, more than the usual quarter-point adjustment, citing ...

Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) ...

If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.

Watch live in this story at 2:30 p.m. ET as Federal Reserve Chairman Jerome Powell discusses the key interest rate decision.