The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
The Federal Reserve left its benchmark interest rate unchanged after three consecutive cuts last year. The decision signals a ...
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's Scott Colbourne discusses the decision and market implications.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...