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

Core PCE tends to move more slowly than the consumer price index, or CPI, and covers a broader range of spending. If ...

The dollar was trading flat and faced renewed gains as upcoming data could argue against near-term rate cuts, ING said. The Fed’s preferred measure of inflation is due for release later.

Now even a September interest-rate cut is in serious doubt. Odds of at least a quarter-point cut through the Fed’s Sept. 17 meeting were down to 39.1% on Thursday, which compares to 60.8% a week ago, ...

President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on ...

The Fed is unlikely to cut rates in September, as inflation risks remain and most governors want more data before resuming ...

Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...

Dow Futures rise on strong Microsoft and Meta earnings; markets eye inflation data, rate outlook, and more tech results.

Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...

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

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...