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 US Federal Reserve has trimmed key fund rates for the third time in a row on Wednesday, December 18, which is the last ...

Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current ...

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

The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut ...

Follow live coverage of the Fed's December FOMC meeting, interest-rate decision, 2025 economic projections, and chair Jerome ...

Federal Reserve Chair Jerome Powell does not see the central bank raising interest rates next year, even though progress on ...

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 officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.