President Donald Trump is renewing his old attacks on the Federal Reserve and its chair, Jerome Powell, after the independent ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than ...
As expected, the Federal Reserve announced Wednesday that it would leave its benchmark interest rate unchanged at its current ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
"I think our policy stance is very well-calibrated," Powell said in a press conference after the end of the Fed's latest ...
Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...
U.S. President Donald Trump criticized today, Jan. 30, Federal Reserve Chairman Jerome Powell and policymakers at the central bank, shortly after thei ...
US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
The FTSE 100 index is forecast to open about 25 points lower, having risen 0.3% to 8558 at last night’s closing bell.