Before 2008, the preferred instrument to influence the economy and fight inflation was changes in the level of bank reserves.
Federal Reserve officials on Monday continued pressing competing views of where the economy stands and the risks facing it, a ...
South Africa's Reserve Bank is walking a fine line, with pressure to target lower inflation while ensuring high interest ...
The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with ...
On Wednesday, after the Fed’s policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% range, Powell delivered an unusually clear warning to markets: given "strongly ...
A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the nickname “Too Late” before adding that, after the Fed Chair’s term expires ...
Powell forcefully warned against assuming another rate cut is a done deal as officials navigate an economy where spending is ...
Chair Jerome Powell injected new doubt by highlighting a “growing chorus” of officials who are wary about further reductions.
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
The Federal Reserve cut its benchmark interest rate for the second time this year despite elevated inflation amid concerns ...
Gold prices declined as easing tensions between the US and China reduced demand for the safe-haven metal. On the other hand, ...
Fed officials now think that any increase from tariffs will be transitory and will fade, putting inflation on a downward path to 2%. While inflation might come in hotter than they expect, they believe ...