Inflation in Peruvian capital Lima rose less than expected in November, boosting chances that the central bank could cut interest rates after holding them unchanged for two straight months.

The final flurry of global monetary policy decisions for 2025 is likely to showcase how the easing cycle in advanced ...

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy's health and whether stubborn ...

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...

An unexpected jump in the unemployment rate Tuesday kept pressure on the Federal Reserve to rescue the job market by cutting ...

The Federal Reserve cut interest rates Wednesday for the third time in a row, but left big questions about any additional ...

The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...