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 ...

Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.

Although Trump thinks Powell is “the Worst Federal Reserve Chairman in History" the Fed chair and his colleagues probably are listening to the president's arguments in favor of a lower rate.

The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority ...

Credibility, once shaken, is harder to restore than interest rates are to adjust. In the near-term, monetary easing will ...

The Cleveland-based steelmaker's stock rallied 14% to $10.81 a share, its highest level since February. The stock has now gained about 58% from its closing price of $6.86 a share on April 8, shortly ...

All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.

In the week ahead, 112 S&P 500 companies are set to report quarterly results, with earnings season in full focus as the ...

Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome ...

One of the chief reasons the Federal Reserve should cut interest rates now, a top central banker argues, is because the ...

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...