Odds interest rate cuts will reduce the Fed Funds Rate by a quarter percent to a range of 4% to 4.25% in October, also shifted. CME data suggests a 38% probability that interest rates will remain ...

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

On tariffs, U.S. President Donald Trump on Thursday gave Mexico a 90-day reprieve to negotiate a broader trade deal, but is ...

The stock market whipsawed as Federal Reserve Chairman Jerome Powell took questions from reporters and the White House released a wave of orders. The Dow fell 240 points, or 0.5%, after spiking up ...

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...

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.

Crypto liquidations reached over $400M in the past 24 hours as the Fed left rates unchanged, citing inflation pressures from ...

Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...

The president again urged Fed Chair Jerome Powell, who he criticized with the nickname “Too Late,” to lower interest rates.

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...

Federal Reserve Chairman Jerome Powell testifies before the House Committee on Monetary Policy in Washington on Feb. 12, 2025 ...