President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up ...

Michael Barr’s sudden decision to step down as the Federal Reserve’s vice chair for supervision has just confirmed what ...

The cause of this was the US Federal Reserve’s decision to cut interest rates by 0.25 per cent, in line with market expectations. The bank surprised markets by indicating there would only be two ...

Federal Reserve Bank of Cleveland President Beth Hammack explained her dissenting vote at this week's FOMC meeting. She said interest rates should be held steady until there's more progress in ...

The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...

The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%. Federal Reserve officials lowered their benchmark ...

The US Federal Reserve stunned investors on Wednesday (Thursday AEDT) after forecasting just two interest rate reductions in 2025 when Donald Trump will be sworn in as US president. It had ...

At a press conference on Dec. 18, Federal Reserve Chair Jerome Powell had a very positive outlook on the economy: “We're in a really good place. Our policy is in a really good place. I expect ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next ...

Also in today’s newsletter, sentencing in France’s mass rape case and the FT’s Person of the Year Chair Jay Powell said the Federal Reserve was in a ‘new phase’ as borrowing costs close ...

These are lessons that don't appear to be lost on the RBNZ's bigger sibling across the ditch, nor the mother of all central banks, the US Federal Reserve. The Fed on Thursday cut interest rates by ...

Stocks have soared in 2024, but a new presidential administration, a potential pivot by the Federal Reserve and shifting consumer sentiment could change market dynamics in 2025.