Bitcoin edged lower on Thursday, even after the Federal Reserve on Wednesday cut its policy rate by 25 basis points and signaled that it will begin injecting additional liquidity into short-term funding markets starting Friday.

Powell acknowledged consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help?

Jerome Powell has concluded his news conference following the announcement that the Federal Reserve will cut the country's key lending rate by a quarter point. This is the third reduction this year brings the key interest rate to 3.50% to 3.75%. Powell affirms the Fed's commitment to keeping inflation low and near the Fed's target.

The Fed cut rates again, but uncertainty over incoming leadership and delayed economic data is complicating the outlook for future monetary policy.

The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951.

But if you're planning to borrow $500,000, a common loan amount in many competitive markets, you need to know how the latest Fed rate cut could impact your mortgage payments. So, how much would the monthly payments be on a loan that size now that the Fed has issued its third rate cut of 2025? That's what we'll examine below.

The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next year after the Federal Reserve pushed back against hawkish market bets, lifting the euro and sterling to their highest since October.

The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday. And this decision comes as President Donald Trump continues to put pressure on the supposedly independent agency to move the economy the way he wants. Plus, the president is reportedly beginning final interviews for Fed Chair Jerome Powell’s potential successor.

New Fed rate cuts have lowered home equity borrowing costs. Here's how much a $100,000 home equity loan costs now.

The US Fed has lowered its key interest rate by 25 bps to a 3.5-3.75% range. TD Asset Management's Scott Colbourne discusses the rate cut and likelihood of more to come in the year ahead.

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.