Waller doubled down on that position July 17, saying the latest data, including the June CPI figure at 2.7% and other recent economic numbers, show it’s definitely time for the Fed’s first rate cut in ...

With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...

What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin ...

What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...

The USD/CAD pair trades with mild gains around 1.3685 during the early Asian session on Thursday. The reduced bets on Bank of Canada (BoC) interest rate cuts provide some support to the Canadian ...

Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...

After losing more than 0.5% and touching its lowest level in three weeks near 1.1590 on Tuesday, EUR/USD edges higher and trades above 1.1600 in the European morning on Wednesday. The pair's near-term ...

Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

Leading economists react to June's Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and ...

Hang Seng Index extends gains as Nvidia and AMD boost tech optimism; Fed rate cut bets fall after hotter-than-expected US inflation.