Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.

The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year.

Fed Moves: 25-basis-point rate cut; shift to meeting-by-meeting approach eases concerns about a “hawkish cut”.

Bitcoin traders wondering what the digital currency’s price will do next should closely monitor policy developments, according to several analysts.

Federal Reserve Bank of Cleveland President Beth Hammack said she would prefer interest rates to be slightly more restrictive to keep putting pressure on inflation, which is still running too high.

Kansas City Federal Reserve President Jeffrey Schmid said he dissented against the central bank's quarter point rate cut this week because inflation is "too hot" and monetary policy should remain modestly restrictive to keep it in check.

Treasury yields edged lower a day after the Fed cut rates and led markets to believe policymakers are more worried about declining employment than sticky inflation.

Long-term Treasuries fell, lifting the 30-year bond’s yield to the highest level since early September, as the implications of this week’s Federal Reserve interest-rate cut and policy stance filtered into the market.