By law, the U.S. Federal Reserve has two primary mandates. First, it aims to keep the Consumer Price Index (CPI) measure of ...
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a ...
"The Fed will tolerate higher inflation for now in an attempt to protect the real economy," says Mohamed El-Erian of Queens' College ...
Lower rates can stimulate the economy, and Cramer said the data in the CPI report gives the Fed room to cut, which would ...
Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" ...
The Organization for Economic Cooperation and Development (OECD) expects Trump’s tariff hikes on imports to slow economic ...
Economic projections released by the Federal Reserve on Wednesday are likely to reflect weaker growth and higher inflation, with any near-term rate cuts "firmly off the table,'' according to a team at ...
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a ...
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...
The Fed also projected at least an additional interest rate increase of 25 basis points by the end of 2023. At 19:00 GMT, the EUR/USD is trading 1.0878, up 0.0108 or +1.00%. The Invesco ...
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease ...