Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...

The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...

Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...

The Federal Open Market Committee is expected to hold interest rates steady at the conclusion of its next meeting on June 12, according to fixed income futures. This move is viewed as likely ...

The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...

The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...

Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...

The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on Wednesday at 02:00 GMT and is widely ...

Oil prices dropped by more than $1 today, extending losses on the potential for lingering US inflation to keep interest rates ...