President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...

On Nov. 10, the top cryptocurrency rose by almost 4.50% to reach a new inflation-adjusted record high of $80,116 (data from ...

Implementing loyalists to executive branch positions, forcing local and state law enforcement agencies to comply with mass deportation and taking a confrontational approach to relations with China are ...

The United States announced it is sending an advanced anti-missile system and a number of troops to Israel, deepening America's involvement in the spiraling conflict as the region readies for ...

Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...

I n 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our currency, but your problem”. Over the following half-cent ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

President-elect Donald Trump pledged to follow though with mass deportations, in an interview with NBC News. This and more ...

"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

After a single-minded focus on bringing inflation down, the central bank has pivoted toward achieving a soft landing.