A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...

At 12:10 p.m. ET, most-active April NYMEX West Texas Intermediate crude oil fell $1.60 to around $71.50/bbl, and front-month March WTI also slid $1.65 to $71.65/bbl. London-based ICE Brent crude for ...

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...

Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

Falling global yields will drive Treasury yields lower and cause the Fed to follow. U.S. Federal Reserve Chair Jerome Powell ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

Oil prices fell in Wednesday's morning session, ending three days of gains thanks to rising U.S. crude stockpiles and hawkish ...

Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...

Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...