On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...

Economists surveyed by LSEG predict GDP data on Friday will show a quarter-on-quarter growth rate of 0.2 per cent for the three months to September. That is below the 0.5 per cent in the previous ...

The US central bank lowered the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a half-point cut in ...

Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...

Even the FED is unclear about the economic impact. The risk now is that the shadow of tariffs complicates the central bank's ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...

Incumbent governments have lost ground in Britain, France, Japan, India, and elsewhere this year, setting the stage for ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...

Inflation, the economic force that helped sweep the Democratic party out of power in Washington, likely stayed just a bit too ...

Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.