The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Friday the central bank must maintain loose monetary policy to ensure underyling inflation gradually accelerates toward its 2% target.
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
The Federal Reserve announced this week that it will maintain current interest rates, a decision that could keep loans and ...
President Trump opens a debate with his crypto executive order that would have several effects on investors and policymakers.
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Trump, who frequently criticized Powell and the Fed during his first term, again is testing those limits, saying last week ...
At the time of writing, AUD/USD trades better bid near 0.6232, up 0.05% on the day.
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade ...