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What the Federal Reserve rate cut means for you

NEW YORK (AP) - The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Before September, it had gone nine months without... Read More.

Federal Reserve set to cut rate but may signal a pause to come

WASHINGTON (AP) - The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral the necessary support from fellow policymakers for a third straight interest rate cut. The Fed's 19-member rate-setting committee is sharply divided over... Read More.