Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

Stay informed on the latest FOMC decisions, interest rates, and economic updates in the financial world with expert analysis ...

CBN Governor Cardoso says the Naira’s stability and FX reforms have bolstered investor confidence and ensured competitive ...

Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...

The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...

EUR/USD continues to move sideways in a narrow channel above 1.0400 in the European session on Thursday after closing ...

Fed interest rate moves can affect mortgage rates. But maybe not the way you expect. Moves by the Fed do not directly affect ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...

The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...

Yields on U.S. government debt were moving toward 2025's closing lows in Wednesday morning trading, as investors prepared for the Federal Reserve's first monetary-policy decision of the year. -- The ...