Photo: Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP ...

Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.

Still, the Fed chair said the central bank isn’t in a hurry to cut rates. “We’re waiting for greater clarity before we ...

Now, with the economy at a crossroads after President Donald Trump kicked off a trade war with his tariff announcement on ...

US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and ...

Traders also expect the European Central Bank (ECB) to lower interest rates more sharply, with three quarter-point reductions ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.

Yields on the 10-year sank as bond investors price in a quarter-point rate cut by June, though it won't be an easy call for ...

Decode the Fed's unclear signals on rate hikes, inflation, and banking issues. Click here to find out more about the U.S.

Every quarter, investors get to reiterate their broader economic views by the people in charge of keeping the economy in ...

Federal Treasurer Jim Chalmers is finalising the details of this week’s budget against the backdrop of the most uncertain ...

And that’s nothing compared to what David Rosenberg’s research firm sees for gold in the longer run. It expects a double ...