The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...

Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

President Donald Trump has once again called for lower interest rates, arguing that a rate cut would align with his ...

The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.

In its latest report released today, the organisation projected inflation will stabilise between 8.5% and 9.5% by June but ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

A stronger-than-expected January inflation figure is likely to further cement the Federal Reserve’s cautious approach to monetary easing, said Whitney Watson, global co-head and co-CIO of fixed income ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.