The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda. A key gauge of ...

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...

Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

TERM DEPOSIT YIELDS went down on Wednesday ahead of a widely anticipated rate cut by the Bangko Sentral ng Pilipinas (BSP) at its first policy meeting of the year. The BSP’s term deposit facility (TDF ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...

Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the ...

The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...

TOKYO (AP) — Asian shares mostly rose Wednesday, as regional markets continued to watch President Donald Trump’s latest ...