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Federal Reserve Chair Jerome Powell used a gathering of finance chiefs from around the world to stress that central banks ...
Explore the tensions between President Trump and Fed Chair Powell over monetary policy, gold's surge to $3,500/oz, and what rate cuts mean for the economy.
President Donald Trump has ramped up the pressure on Federal Reserve Chairman Jerome Powell for not cutting interest rates.
On Wednesday the US central bank released the minutes from its March 18-19 Federal Open Market Committee (FOMC) meeting that hinted it may hold rates steady if inflation remains high. However ...
A selection of your pictures of Scotland sent in between 4 and 11 April. Send your photos to [email protected]. Please ensure you adhere to the BBC's rules on photography that can be ...
Tariffs were cited 18 times in the minutes of the March FOMC meeting. “The Minutes were heavily focused on the effects of higher tariffs, referenced eighteen times as policymakers warned of ...
"Tariff rates could yet go higher." The FOMC meeting's minutes released overnight show the bulk of policymakers see inflation could be more persistent, with risks tilted to the upside, MUFG Bank said.
The markets are discounting the chances at 52% for a -25 bp rate cut after the May 6-7 FOMC meeting, up from 30% last week. Market attention this week will focus on US trade policies and whether ...
Gold is finding support with fixed income not providing the normal diversifying role in portfolios. The minutes for the March FOMC meeting revealed Fed officials discussed the risk of stagflation and ...
Recall that the Fed policymakers kept the benchmark rate unchanged at 4.25%-4.50% at the meeting. All the FOMC's voting members agreed to the decision. High "uncertainty about the net effect of an ...
"Odds are moderate and rising for a multi-day to multi-week Dead Cat Bounce to begin as early as today 2 pm EST with the release of the US FOMC meeting minutes, or by Thursday with the US CPI and ...