The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt.

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...