© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

The Bank of Japan, after clearly signaling last week’s interest rate hike, may return to its accustomed fuzzy guidance about central bank policy to maintain flexibility when it eventually begins ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...

The Fed has reported consecutive annual losses for the first time ever, with a $114.3 billion loss in 2023 and an estimated $82 billion loss in 2024. The losses stem from the Fed's shift to an ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates. By Alan Rappeport Reporting from Washington ...

Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he was asked about it during a press conference. Elon Musk, the leader ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and ...

The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an economy hardly in need of rescuing as support for officials’ decision to ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon ...

NEW YORK, Jan 29 (Reuters) - The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said ...