News

Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Even though the Federal Reserve Chairman said the labor market was very strong and the economy is in relatively good shape, ...
Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...
Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.
The yen ticked slightly higher on Thursday after Japan's central bank stood pat on rates in a closely watched policy decision ...
On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
Fears of the greenback’s demise earlier this year over US President Donald Trump’s chaotic tariffs have since faded.
The Fed kept rates steady, as most economists had expected, but struck a more hawkish tone, causing a mid-afternoon stock sell-off.
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...