"The committee tries to get a complete picture of the biggest downside risks for the economy, and then at the end of the meeting, there needs to be some sort of weighting — it's an art as much as sci...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labo...

“Job gains have slowed," Fed officials said in their statement released Wednesday, "and the unemployment rate has edged up" but remains "low."