The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut that will take its benchmark down to a target range of 4%-4.25%, its lowest in nearly three years. In addition, the central bank's Federal Open Market Committee provided signals of what's down the road."Maybe they circled the wagons a little bit saying, 'You know, this new guy Miran's coming in, it's obvious what his agenda is. Let's pull together here and make sure he knows what we're about and we' ...

ToplineThe Federal Reserve on Wednesday voted to lower interest rates—following months of pressure and criticism from President Donald Trump—as the central bank signaled additional cuts later this year. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to.Getty ImagesKey FactsThe Federal Open Market Committee voted 11-1 in favor of lowering interest rates by a quarter-point to between 4% and 4.25%, down from the 4.25% to 4.5% range where they hav ...