Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
The spot price of gold rose Tuesday as a report showed wholesale inflation rose more than expected in April and Federal ...
Data this week offered the U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet ...
Inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy.
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested that it would hold off on rate cuts until at ...
Investors are keenly awaiting quarterly results from artificial intelligence (AI) chip leader Nvidia and minutes of the Fed's ...
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning rate cuts likely won't ...