The Federal Reserve left a key short-term interest rate unchanged Tuesday and cited both the risk of a slowing economy and inflation pressures, a sign that the central bank may keep rates steady for the next few months.
Dollar falls on dour jobs report
The dollar fell against the euro Friday after a dismal unemployment report increased the likelihood that the Federal Reserve would cut its key...
Fed leaves rates unchanged
The Federal Reserve left its key short-term interest rate unchanged Wednesday at 2%, marking the first time it held rates steady in the past nine...
Stocks surge after rate cut
Stocks rallied Wednesday afternoon, with the Dow briefly crossing 13,000 after the Federal Reserve cut a key short-term interest rate by a...
Saudi Arabia cuts interest rate
Saudi Arabia cuts a key interest rate to boost the economy, while stocks drop to a five-year low.
Australia lowers rates to 5.25%
Australia's central bank cuts its key interest rate from 6% to 5.25% in an attempt to boost the economy and avert a recession.
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