Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...

As a result, the S&P 500's back-to-back 20% plus gains in 2023 and 2024 caught many Wall Street analysts flat-footed, sending ...

Fed officials want more progress on managing inflation before further rate cuts. The pause means borrowing costs, including ...

Hoping for cheaper credit card and mortgage rates this year? Bad news: The Federal Reserve effectively ruled out cutting rates until when — or if — President Donald Trump and Congress come up with a ...

Walmart edged 0.4% higher in premarket trading on Friday after dropping more than 6%, its biggest single-day decline in more ...

The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US central bank will lower interest rates twice ...

Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was ...

The daily chart shows that the USD to TRY exchange rate has been in a strong bullish trend in the past few years. It has ...

At the meeting, Fed officials expressed concerns that tariffs and other Trump policies could slow progress on getting inflation back to their 2% target. The central bank is having a tough time gauging ...