The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to cut interest rates until it has "greater confidence" that ...
The Federal Reserve held rates steady for a sixth straight meeting on Wednesday, keeping the federal funds rate target range at 5.25%-5.50%, as widely expected. The ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Is inflation going to be more persistent going forward? I don’t think we know that yet,' says Jerome Powell - Anadolu Ajansı ...
The Mexican Peso (MXN) breaks higher in its most heavily traded pairs in the aftermath of the Bank of Mexico (Banxico) policy ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% with several policymakers still ...