US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...

Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He ...

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday ...

Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...

Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...

The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent.