PRESIDENT Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the US central bank the idea has little traction, with only two Fed ...

The FTSE 100 index closed up 63.31 points, 0.7%, at 8,798.91. The FTSE 250 was up 241.30 points, 1.1%, at 21,715.96, and the ...

The City’s Disaster Risk Management spokesperson, Charlotte Powell, said its NGO partners are providing relief to more than 7 ...

Current inflation trends support the case for a rate cut, but the Fed is likely to wait for more data over the summer before ...

Republicans’ tax bill would increase Americans’ energy and transportation costs in every state in the continental US.

A fractured Fed gives the president more ammunition and further fuels the narrative that the Fed is too late in cutting rates ...

U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...

Markets price more than 50% odds of three or more interest rate cuts by the Fed this year, CME data show, as President Trump cranks up pressure on Chair Powell. But inflation could get in the way. May ...

Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...