Jerome Powell, Tom Barkin, Jeff Schmid, and Lorie Logan have said they’ll wait for data before axing the interest rate—not ...

Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as ...

The base rate, which is linked to the US Federal Reserve’s IORB, serves as a signal for the general stance of monetary policy ... maintaining the federal funds rate at 4.25 to 4.5 per cent ...

Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

Minneapolis Federal Reserve president Neel Kashkari said the bar for cutting interest rates is 'higher' right now to keep ...

"The Fed is in a quandary here," said Arend Kapteyn, UBS's global chief economist. During a briefing call on Monday, Kapteyn told reporters he does not expect the Fed to tighten monetary ... funds ...

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

HONG KONG, March 20 (Reuters) - The Hong Kong Monetary Authority (HKMA) left its base rate unchanged at 4.75% on Thursday, in line with the U.S. Federal Reserve's decision to keep rates steady.

Fed made technical decision to slow pace of decline in balance sheet. Recent indications point to moderation in consumer spending. Surveys show heightened uncertainty. Remains to be seen how ...

Powell said “it is still soon” to say whether the Fed can look through the impact of tariffs on inflation, but that the base case remains ... path for the fed funds rate remained unchanged ...

The US Federal Reserve announced its second monetary policy decision for 2025 ... The US central bank maintained its federal funds rate at 4.25-4.50 per cent. The Fed cut its benchmark interest ...