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 ...

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 ...

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.