At his twice yearly testimony to Congress, Powell also rebuffed calls from the likes of Waller to cut in July. He also reiterated his fears about tariff inflation, which we think will be enough to ...

Stocks rallied on Friday as the US revealed progress on trade deals and traders await inflation data to assess the likelihood ...

Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...

Morgan Stanley economists are sticking with their view that the Federal Reserve is not likely to cut interest rates at its next two meetings since most officials are aligned with Chair Jerome Powell's ...

Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...

The dollar is likely to fall if markets increase bets on an interest rate cut by the Federal Reserve in July, MUFG Bank said. The dollar was little changed in morning trade.

Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday as the stock market expects another tame PCE inflation report that will inform the Fed's thinking on interest rates.

The White House said Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, after ...

Traders have bolstered expectations for rate cuts in the United States and Australia this week, rocketing equity markets back ...

US metals refiner Phoenix Tailings plans to pursue an initial public offering within three years after building out plants to ...

WASHINGTON] The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome ...

EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory. Read more at The Business Times.