Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...

A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and ...

F or all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters at ...

A Delta Airlines pilot has been dramatically arrested as police stormed the cockpit and now his ex-girlfriend has also been ...

The US Federal Reserve has held interest rates steady in a split decision that gave little indication of when borrowing costs ...

The battle between President Trump and the Federal Reserve looks set to intensify after the US central bank said tonight it would not cut interest rates. Mr Trump has repeatedly called on the Fed to ...

The President claims that reducing the federal funds rate to 1 per cent would save the US $1 trillion on interest costs to ...

The US Federal Reserve has resisted pressure from Donald Trump by holding rates for a fifth consecutive meeting as the US ...

Donald Trump's repeated calls for an interest rate cut have been ignored by the US Federal Reserve. The Fed announced on ...

The US president has spent months verbally attacking Jerome Powell who chairs the rate-setting Federal Reserve, calling him ...

The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...