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The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.

Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.

The Federal Reserve on Wednesday made its final final interest rate move of the year.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in October.

The central bank's so-called dot plot indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.

President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer.

IMF Managing Director Kristalina Georgieva said such a move was needed "so as not to provoke other countries to take measures to curb down Chinese exports."

European Union Chamber of Commerce President Jens Eskelund expects more efforts to reduce reliance on China's supply chain.

The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.

The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.

The move comes despite a series of recent pullbacks in the crypto market that saw bitcoin trade at around $85,000 earlier this month.

In the hours after U.S. President Donald Trump said Nvidia can sell a more advanced chip to China, several analysts said the move would give Beijing