Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...

Trump again slammed Federal Reserve Chair Jerome Powell after the central bank held interest rates steady as it tries to ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.

The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

Officials are puzzling over whether to focus on the risks of higher prices or weaker hiring ...

Secretary of the Treasury Scott Bessent returns to Capitol Hill on Wednesday, to testify in the House for a second day. His ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

The U.S. faces risks of higher inflation and unemployment. Countries without tax hikes on imports are focused on the hit to ...

Mainstream measures have been slow to detect the impact of tariffs and uncertainty, leaving economists to scour earnings ...

The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth.

The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate ...

Concerns are mounting about the dollar's safe haven appeal, according to a majority of FX strategists surveyed by Reuters who forecast the global reserve currency will decline further over the coming ...