President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite ...

The Fed, citing elevated inflation pressures, held short-term interest rates steady at a range of 4.25% to 4.5% at its ...

Federal Reserve's quantitative tightening impacts inflation, interest rates, and economic growth. Read more on the ...

During congressional testimony, Federal Reserve Chair Jerome Powell said he supports changes to the supplemental leverage ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...

Nominal wage growth eased over the last year and the jobs-to-workers ration has dropped for a better fit of company ...

All eyes now turn to U.S. CPI inflation data, where modest progress is expected and s signs of rate cut delay now may keep ...

In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...

Fed Chair Jerome Powell at a Senate hearing Tuesday repeated his message from last month, that the central bank doesn’t need to rush to lower rates after having brought the benchmark down by 1 ...

The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its ...