The Bank of England has been slowly reducing borrowing costs since the middle of last year, but inflation is still well above ...

Federal Reserve Chair Jerome Powell during a Wednesday press conference addressed the criticism he's faced from President ...

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...

The Federal Reserve held its key interest rate steady for the fourth time this year on Wednesday, leaving its benchmark ...

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...

Policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned ...

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...

The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...

A cautious Federal Reserve has put a damper on hopes for interest rate cuts, leaving investors on edge as they navigate a ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in ...

President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, ...