A former president of the Federal Reserve Bank of New York, Dudley broke down Fed Chair Jerome Powell’s plight into three ...

Wall Street bounced between small gains and losses in meek trading early Wednesday ahead of the new retail sales numbers this week and any hints from Federal Reserve officials about the U.S. central ...

Dubai: US President Donald Trump has renewed his call for the US Federal Reserve to cut interest rates, pointing to softer ...

At the start of the year, the U.S. economy had largely shaken off the remaining symptoms of COVID-19. The 2020 pandemic recession was short-lived. The downturn economists predicted in 2023 and 2024 ...

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.

Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...

The president’s remarks came shortly after government data showed that the US consumer price index increased by just 0.2 per ...

Earnings: Cisco Systems reports earnings after the bell. Fed Speakers: Governor Christopher Waller and Vice Chair Philip Jefferson are due to speak. Thursday, May 15 Fed Speaker: Chair Jerome Powell ...

Trump added that the Fed’s strategy was ‘not fair to America, which is ready to blossom.’ President Donald Trump cited a ...

The US inflation rate was edging towards the Federal Reserve’s target range. Then Donald Trump launched his trade war on the ...

The U.S. Bureau of Labor Statistics has announced that the adjusted CPI annual rate in April was 2.3%, the lowest since ...