The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank. In its semiannual ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...