Although Iran has one of the biggest supplies of natural gas and crude oil in the world ... warned that the problem had reached a critical point. For most of last week, the country was virtually ...

Federal Reserve officials lowered their benchmark ... implying two quarter-percentage-point cuts, according to the median estimate. Only five officials indicated a preference for more reductions ...

(Bloomberg) -- Oil fell by almost 1% to settle below $70 a barrel as expectations for fewer interest-rate cuts by the US Federal Reserve boosted the dollar. Fed officials lowered borrowing costs ...

The Federal Reserve lowered its key interest rate by a quarter-point on Wednesday, marking its third cut this year, while indicating a slower pace of rate reductions next year due to persistently high ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year ...

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U.S. Federal Reserve chair Jerome Powell in Washington on Dec. 18. The Fed cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects ...

WASHINGTON — The Federal Reserve cut its key interest rate Dec. 18 by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next ...

The Federal Reserve on Wednesday announced that the central bank is cutting interest rates by a quarter-point to between 4.25 and 4.5 percent. The federal funds rate is the target interest rate at ...

The federal funds rate is the target interest rate at which commercial banks borrow and lend their extra reserves to one another ... rates by a half-percentage point to between 4.75 and 5 percent.