News

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he still supports holding interest rates steady and pointed to ...
NZD/USD gathers strength to near 0.6005 in Wednesday’s early session. Struggle over the Fed’s independence continues to ...
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...
CPI data reveals inflation trends, with core at 2.9%. Service sector inflation rises, suggesting the Fed may hold rates ...
Even if Trump fails to remove Powell, he may still try to undermine the Fed chairman by announcing his replacement soon — way ...
Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.
Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts ...
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week's CPI and PPI reports confirmed their suspicions.
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...