The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...

SINGAPORE - Federated Hermes, a global asset management firm, is leveraging its Asia headquarters in Singapore to target wealth management clients and family offices in the region.

LONDON (Reuters) - The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...

The S&P 500 fell 0.5% on Wednesday, Jan. 29, as the Federal Reserve held interest rates steady in a move widely expected by ...

GSA’s plans to reduce federal office space come as the Trump administration is calling on teleworking federal employees to return to the office full-time.

The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...

But the president should not hold his breath. According to the CME Group's Fed Watch Tool, there is almost no chance of a ...

U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.