An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...