Further cuts are possible, but the central bank said it won’t move quickly to reach a neutral level, where borrowing costs are neither stimulating nor holding back the economy.

This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.

WASHINGTON (AP) — The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring. Home Showcase: Room to roam in Southboro Americans facing ...

The Bank of Japan raised its key interest rate Friday to a 30-year high, as widely expected, and financial markets shrugged

The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The cut decreased the Fed’s rate to about 3.6%, the lowest it has been in ...

Tunisia cut its benchmark interest rate for the second time this year as the North African nation attempts to boost weak economic growth rates.

Bank of England cuts key interest rate to 3.75%, the first reduction in 4 months.

Pakistan's central bank cut its key interest rate by 50 basis points to 10.5% on Monday, breaking a four-meeting hold in a surprise move it said was aimed at supporting sustainable economic growth while keeping inflation within target.

Chile’s central bank cut its key interest rate by a quarter point for the second time this year, while bringing forward its forecast for when inflation will hit the target.

The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.