Florida Power & Light Company has informed the Florida Public Service Commission of its plan to begin a base rate proceeding in 2025, aiming to implement a new four-year rate plan starting in 2026.

Officials lowered their benchmark rate again in November, by a quarter point. Investors widely expect a third consecutive rate cut this week.

The People's Bank of China (PBOC) told the Financial Times that it plans to reduce interest rates at an appropriate time this year, and priority will be given to interest rate adjustments rather ...

Mortgage rates ticked up for the fourth straight week, climbing toward 7% as elevated rates and high home prices continue to snuff out demand in the housing market. Freddie Mac's latest Primary ...

The Fed cut interest rates a quarter of a percentage point on Wednesday. The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year.

The policy measures of US President-elect Donald Trump could pose challenges to the Reserve Bank of India's (RBI) plans for monetary ... the timing of interest rate cuts by the RBI.

Investors widely expect a third-in-a-row rate cut this week. Officials are ready to slow—or even stop—lowering rates after that. Federal Reserve Chair Jerome Powell had to reassure some ...

Fed Chair Jerome Powell held a news conference after the central bank cut rates by a quarter-point. Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would ...

The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year. The Dow Jones Industrial Average fell about 1,100 points, or 2.5% ...

Earlier plans for several more rate cuts in 2025 have become muddied as progress the Fed made on curbing inflation has stalled. And uncertainties abound about what impact the incoming Trump ...

aiming to implement a new four-year rate plan starting in 2026. The plan includes a significant increase in annual revenue requirements and proposals to fund solar and battery projects ...