The latest data from the International Monetary Fund show the dollar's share of foreign exchange reserves edged lower to 57.7% in the first quarter from 57.8% in the fourth quarter of 2024. The share ...

Fed Governor Christopher Waller backs a rate cut to 3%, citing easing inflation and labor risks—revealing internal Fed ...

President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate ...

Interest Rate Debate Continues on December Cut The minutes of the Fed’s November meeting indicate the central bank’s policymakers haven’t decided on a rate cut next month. BY REUTERS ...

While almost no one thinks Donald Trump's verbal attacks on Federal Reserve Chair Jerome Powell are a positive development, ...

Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending ...

While the Fed was practically guaranteed to cut rates at that Sept. 17-18 meeting, the size of the cut was up for debate. Ultimately, officials decided that the economy was flashing enough warning ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...

Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting. But how far they will ...

However, the market-implied odds of at least a 0.25 percentage point cut were firmly at 100%, meaning the first rate cut since March 2020 was all but certainty to come Wednesday. Chief Critics ...

The Federal Reserve doesn’t set mortgage interest rates, and in recent cycles mortgage rates seemed to blow off the Fed. But if there’s clearer consensus that rate cuts are coming, mortgage rates ...

As for investors, the best bet may be to look past the debate over the size of the interest-rate cut and focus on the fact that a rate-cut cycle is set to get under way - a backdrop that has been ...