"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.

The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive cut risks igniting inflation, a Richard Bernstein analyst said. One professor said that the Fed's cut has set a new expectation for ...

The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.

If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.

Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York Fed President William Dudley said Thursday.