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Without a deal with the U.S., the EU said it was prepared to retaliate with tariffs on hundreds of American products.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the ...
Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual mandate: ...
The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's reluctance to cut rates.
Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?
Investors could get burned over the next year if the Federal Reserve needs to hike interest rates to keep a lid on inflation, according to Edward Al-Hussainy, a senior rates and currency analyst at ...
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