US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...

With U.S. military aid to Ukraine in doubt, Zelensky hopes to convince Trump to get the Europeans on side for confiscating Russia’s frozen assets.

World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit ...

Brazil's gross debt rose less than expected in 2024, supported by the central bank's sale of foreign reserves in December, a ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the eurozone cuts, ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...