Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...
The Fed took a hit to its independence late Tuesday with a new Trump executive order that seeks to rein in the autonomy of independent agencies that do not operate under day-to-day control of the ...
As such, the central bank has kept its key short-term interest rate at a target range of 4.25% to 4.5% since December. The FOMC lowered rates by a half of a percentage point in September-its first cut ...
Asian shares are trading mostly lower after a quiet day on Wall Street, where the S&P 500 added to its record.
Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) urged the Federal Reserve chair to hammer down on “improper” trade ...
Inflation remains the priority for Fed officials speaking in Phoenix at a bankers conference. Jobs and the potential for surprises also are concerns.
Behind the scenes, Federal Reserve officials have been saying the same thing they've said in public: that the Federal Reserve is in no hurry to cut borrowing costs.
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
US Treasuries rose after the minutes from last month’s Federal Reserve meeting revealed policymakers discussed pausing or ...
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic ...
All three of the Detroit automakers are changing and delaying near-term product plans amid market uncertainty.
The U.S. Federal Reserve held rates steady in January because of worries over tariffs. Stoking concerns, Trump announced more ...