The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
U.S. Treasury yields inched higher on Friday as investors awaited the latest inflation reading as well as other economic data ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...