Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Japanese Prime Minister Shigeru Ishiba reiterated that Japan will not accept a preliminary deal that excludes provisions on ...

There could be further unwinding of long positions in gold, said Christopher Wong, an FX strategist at Oversea-Chinese ...

US Treasury yields remained within the week's highs as market mood shifted positively on news that the US and China had ...

In keeping interests rates as-is in May, the Federal Open Market Committee is walking a tightrope in trying to cool a ...

Core CPI, which excludes volatile food and energy prices and is seen as a better measure of underlying inflation trends, was ...

The disconnect between hard data and soft data is creating challenges for market participants and Federal Reserve officials, ...

The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other ...

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...

The Federal Reserve maintained interest rates at 4.5%, with Powell emphasizing economic uncertainty and the potential for ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.