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Fed meeting today: Live updates - CNBC The Federal Reserve gave investors a lot to chew on Wednesday as the central bank lowered the benchmark overnight lending rate by a quarter percentage point and indicated two more rate cuts
Federal Reserve cuts interest rates by 0. 25 . . . - CBS News The Federal Reserve on Wednesday cut its benchmark interest rate by 0 25 percentage points, but Chair Jerome Powell hinted that the central bank might pause before further lowering borrowing
Bessent says Federal Reserve Board could veto future . . . Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency