Funding

The Federal Reserves third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Federal Reserve cut its key interest rate by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation

The Federal Reserve cut its key interest rate by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation