Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a half percentage point was a “political move” and that a smaller cut would have been preferable.

The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of a political firestorm. Donald Trump quickly weighed in to suggest that the panel could be “playing politics” with its decision,

The Federal Reserve is preparing to cut interest rates for the first time in the Biden era after the White House spent the last three years grappling with Americans’ dissatisfaction with the cost of living,

Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.

Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over inflation and drop the mic while giving a middle finger to his haters. That’s not his style.

Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a

One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading up to the Fed decision, said Sonu Varghese, global mac