If you go by Trump’s rhetoric, rate cuts are a silver bullet for growth. But Powell’s hands are tied by the data—and ...

President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure ...

The Fed last September did reduce rates by a half of a percentage point, after a faster-than-expected decline in inflation ...

The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...

Fed officials stopped cutting interest rates in December, and they now stand in a range of 4.25% to 4.5%. That is a level Fed officials describe as "modestly restrictive," slowing down demand so that ...

ECB president Christine Lagarde (pictured) said that with inflation now below the 2% target, at 1.9%, the central bank was in ...

The European Central Bank (ECB) has cut its key interest rate for the eighth time in just over a year as it warned about ...

London (CNN) — The European Central Bank on Thursday cut its main interest rate again, citing falling inflation.

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his ...

U.S. stocks are drifting on Wednesday following some potentially discouraging updates on the U.S. economy. The S&P 500 was ...

Powell reiterated the Fed's commitment to a 2% inflation target, calling anchored inflation expectations "critical to ...

Op-ed views and opinions expressed are solely those of the author. Much of the economic data for the last three months has been positive. The jobs numbers […] ...