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United States’ Federal Reserve Chair Jerome Powell told the Senate Banking Committee on Tuesday that the inflation is no longer the sole issue of concern for the central bank...
Gold prices slipped on Tuesday as the US dollar firmed, while investors awaited more comments from Federal Reserve officials for further clarity on the timeline for potential interest rate...
US stocks looked to open higher on renewed bets that the Federal Reserve would likely ease interest rates this year, while the yen weakened after a strong surge last week...
The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve. Receding...
Global stocks were mostly lower on Friday, edging down from recent all-time highs in a move attributed to profit-taking after a busy week of central bank moves, while UK stocks...
The United States Federal Reserve, its central bank, did not increase the interest rate as it had done since 2022, in its December meeting, and the status quo — the...
The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of mixed economic data, while leaving the door open to another hike if...
Federal Reserve Chair Jerome Powell on Friday did little to dissuade markets from the “higher for longer” mantra for rates that has driven up Treasury yields in recent weeks, leaving...
Cooling US inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against a basket of currencies...
US central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve (Fed) President Patrick Harker said on Thursday, even though high inflation is coming down at...