If trends continue,“such a success would be likely to shape [US federal Reserve Chair Jerome Powell's] legacy”, noted Jeanna Smialek ... Consider Lawrence H. Summers, the Harvard University professor ...

Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the previous month.

The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...

Paramo said criticism from political leaders can undermine central bank efforts to tame inflation even if they stop short of ...

Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.

China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your ...

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...

Federal Reserve Chairman Jerome Powell on Thursday said he would not resign if asked to by Donald Trump, tersely answering ...