S.Korean won hits 15-year low * Indonesian rupiah falls for seventh session * Jakarta, Manila stocks hover near 6-month lows * Philippine cuts rates by 25 bps By Rajasik Mukherjee, Himanshi Akhand Dec ...

WASHINGTON− The Federal Reserve concluded its final meeting of 2024 on Wednesday, and 2025 will likely be Fed Chair Jerome Powell's last full year at the helm of the U.S. central bank. Clear' stop' ...

The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...

Hesitation from Jerome Powell and the Federal Reserve regarding U.S. rates – and Wall Street’s panicked selling that followed ...

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate ...

This latest reduction in rates marked the third consecutive rate cut, following November’s 25-basis-point cut, and ...

Federal Reserve Chair Jerome Powell says that the latest rate cut was a tougher decision given the persistence of inflation. ...

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...

The Fed is widely expected to trim rates at the end of its December meeting. Investors are focused on policymakers’ economic projections and the path forward.