The Tax Cuts and Jobs Act (TCJA) became effective over six years ago as a major Trump administration tax code overhaul, making it the biggest change to tax law and policy in recent decades.

WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Dec 18 but signalled a slower pace of cuts ahead, as uncertainty grows over inflation and US Presiden ...

US Fed rate cut Highlights: The revised projections reflect heightened caution as the Fed grapples with persistent inflation and an economy performing above ...

The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as ...

Fed Chair Jerome Powell held a news conference after the central bank cut rates by a quarter-point. Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would ...

It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...

The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...

The Dow Jones Industrial Average, one of the three U.S. stock indexes, plummeted a little over 1,100 points after the Federal Reserve on Wednesday suggested it would cut interest rates just twice ...

Marc Jones is a senior global markets correspondent based in London with a focus on economics, central banks, policymakers, and crises. Previously he worked in Frankfurt covering the European ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut The S&P 500 fell 2.9 percent, just shy of its biggest loss for the year from the summer, to pull further ...