The Federal Reserve is gearing up to cut its benchmark interest rate by a quarter-point to a range of 4% to 4.25%, but that is far short of the massive rate cuts President Donald Trump has demanded.

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and ... The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down ...

The interest rate cut that's been looming for all of 2025 finally seems to be here. With a cut to the federal funds rate almost a certainty, many experts are now wondering whether it will be by 25 ...