fed news

Federal Reserve Chair Jerome Powell said Wednesday that the US central bank could downshift on the size of its rate increases at its year-end policy meeting. Speaking at a news conference…

A pair of U.S. central bankers said on Friday they supported further sharp interest rate hikes to stem rapid price rises, even as investors cheered economic data showing inflation…

WASHINGTON: US consumer inflation hit another four-decade high in March when it reached 8.5% in large part on gasoline prices surging to a record, but the data sported enough soft spots for…

The Federal Reserve might have raised interest rates by half a percentage point last month to deal a more decisive blow to soaring inflation, but Russia's invasion of Ukraine gave…

Investors in the coming week will parse minutes of the Federal Reserve’s March meeting to gauge central bankers’ appetite for a half percentage point increase in interest rates next month.…

Federal Reserve officials are helping shape market expectations for sharper interest-rate hikes to curb the surge in inflation, but have not managed to dispel fears the tightening cycle…

LONDON: The US Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates this month, money markets suggest, even as a war on Europe's eastern…

WASHINGTON/SAN FRANCISCO: Alarmed by the persistence of uncomfortably high inflation, even the most dovish of U.S. central bankers now agree that they will need to tighten policy this year;…

TOKYO: Bank of Japan (BOJ) Governor Haruhiko Kuroda on Thursday suggested his bank was in no mood to exit its massive monetary stimulus programme soon, speaking after the U.S. Federal…