Fed lowers interest rates by 0.25 percentage points

The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.

See Full Page

Interests (0)

Settings

Fed lowers interest rates by 0.25 percentage points

Federal Reserve Expected to Cut Interest Rates Again

Fed cuts rates, but Powell suggests the move may be the last of 2025

Money moves to make now that the Fed has cut rates (again)

Bank of Canada signals likely end to rate cuts, but keeps options open

US judge blocks consumer agency’s 'open banking' rules for now

Missing government data unlikely to sway Federal Reserve from rate

What happens when a credit card company sues you and you have no money?

Jurors convict Illinois deputy of killing Sonya Massey

Melitta Baumeister Teams Up With Nike: “Run Like No One Is Watching”

Trump's decision to sail aircraft carrier to South America will leave the Mideast and Europe with none during a fragile ceasefire between Israel and Hamas

Dow dips after Powell suggests Fed may not make December rate cut

Inside the courtroom as Sean Grayson convicted of second-degree murder in Sonya Massey case

Sean Grayson found guilty of 2nd-degree murder in Sonya Massey shooting

Monarch-loving Trump gifted golden crown once worn by South Korean kings

North Carolina dad called 911 and reported killing 4 children who were in trunk, sheriff says

Trump Acknowledges He Cannot Run for Third Term

Biden calls these 'dark days' as he urges Americans to 'get back up'

Hurricane Melissa makes landfall in Jamaica as a Category 5 storm, the strongest direct hit to the island in 174 years

Texas Attorney General Files Lawsuit Against Tylenol Makers

Oil settles lower as OPEC plans to increase oil output

White House urged firing live bombs, not dummies, for Trump’s visit to Navy celebration: AP sources

Amazon to cut about 14,000 corporate jobs in AI push

WHO says over 460 people reportedly killed at a hospital taken by Sudanese paramilitary forces

Interests (0)

Settings

Fed lowers interest rates by 0.25 percentage points

Related News

Fed cuts rates again as shutdown clouds view of economy

Fed looks set to cut rates for second time this year despite data blackout

The Fed is likely to keep cutting interest rates, CNBC survey finds

Federal Reserve Expected to Cut Interest Rates Again

Fed cuts rates, but Powell suggests the move may be the last of 2025

Money moves to make now that the Fed has cut rates (again)

Bank of Canada signals likely end to rate cuts, but keeps options open

US judge blocks consumer agency’s 'open banking' rules for now

Missing government data unlikely to sway Federal Reserve from rate

What happens when a credit card company sues you and you have no money?

Jurors convict Illinois deputy of killing Sonya Massey

Melitta Baumeister Teams Up With Nike: “Run Like No One Is Watching”

Trump's decision to sail aircraft carrier to South America will leave the Mideast and Europe with none during a fragile ceasefire between Israel and Hamas