All eyes now turn to the US Core PCE data, which is expected to rise 0.3 percent MoM in July, pushing the annual rate to 2.9 percent from 2.8 percent, further away from the Fed’s 2 percent target.

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

The local market is set to extend its rally after an unexpectedly dovish tone from the Federal Reserve unleashed a wave of ...

The change in jobs each month comes down to how many workers were hired minus how many left their jobs—mainly because they ...

The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an ...

The assumption is that next month will see the first-interest rate cut; the question most are already asking is how many more ...

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary ...

There are 19 members of the Fed’s interest-rate setting committee, 12 of whom vote on rate decisions. One of them, Beth ...

The president's latest attack comes as Powell is scheduled to deliver remarks at the Fed's annual conference in Jackson Hole, ...

Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...