Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

Consumer prices rose at a faster pace than expected last month, and the probability of rate cuts by the Federal Reserve has fallen, economists and strategists say.

GBP/USD turns south in the second half of the day on Wednesday and trades deep in the negative territory near 1.2400. The ...

Earn up to 4.50%. Today’s highest CD rate of 4.50% is offered by Quontic Bank on its 3-month CD. There are other banks ...

The Federal Reserve’s Federal Open Market Committee (FOMC) met today to discuss how to handle the U.S. economy. Results from ...

Inflation is rising at its fastest rate in over a year and a half, causing experts to predict that the Federal Reserve will ...

This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...

The Federal Open Market Committee is expected to hold its policy rate at 4.25%-4.50% on Wednesday, the first pause since it started cutting rates in September. As a result, investors' focus will be ...

WASHINGTON – President Donald Trump called for lower interest rates, seeking to raise pressure on the Federal Reserve as he ...

Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll demand that interest rates drop immediately,’ he said ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...

“I’ll demand that interest rates drop immediately,” Trump said during a virtual address at the World Economic Forum in Davos, ...