While economic activity will rise, the move does come with some downsides, according to the AI, including exacerbating some ...

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...

The push to slash rates, despite what Trump considers a ‘hot’ economy, underscores why it’s important the Fed relies on data ...

The Federal Reserve has once again cut its benchmark interest rate, aiming to revive the stagnant job market and prevent a surge in unemployment by lowering borrowing costs.

Experts and business leaders have described yesterday’s benchmark interest rate cut of the Cental Bank of Nigeria (CBN) as a major step towards driving economic growth, boosting employment and ...

The Bank of England has kept interest rates at 4%, despite some economists predicting that the central bank would opt for a ...

The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more ...

The Federal Reserve’s policymakers are likely to resume cutting the central bank’s main interest rate, though most analysts think they will only do it by a quarter percentage point. I think they ...

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...