The concerns are primarily about Congress passing a bill that could possibly add $4 trillion to the mounting debt, with long-dated Treasury yields surging in recent days. Even equity traders are ...

THU: Swiss & Scandinavian Holiday (Ascension Day), BoK & SARB Policy Announcements; US GDP 2nd (Q1), PCE (Q1), Initial Jobless Claims (w/e 24th May), Pending Home Sales (Apr) ...

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target. The Bureau of Labor ...

The Federal Reserve said Wednesday afternoon it won’t move interest rates, matching expectations from economists and ...

WASHINGTON — The Federal Reserve ... in which inflation would finally drop back to its target of 2%, while unemployment would stay low amid solid growth. The Federal Reserve, which is under ...

Cleveland Federal Reserve President Beth Hammack says the U.S. central bank is trying to steer the real economy for the benefit of the American people. That has become increasingly challenging ...

The Federal Reserve's preferred inflation index inched toward the central bank's 2 ... The report was released 90 minutes later than its usual time. It is also the third straight month in which ...

She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and slowing growth, which have prompted ...

The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump’s widespread tariffs on hiring and inflation ...

WASHINGTON (AP) — The Federal Reserve kept its key interest rate ... and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the ...