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 ...
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 Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
Global equities slipped Tuesday as investors retreated to the sidelines ahead of results from artificial-intelligence bellwether Nvidia Corp. and a slew of speeches from Federal Reserve policymakers.
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...