The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
Australia was relatively slow to start hiking interest rates ... with CPI now forecast to be 3.8% and core inflation 3.4% at ...
The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the ...
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer ...
Inflation is heating back up, and economists fear the stickiest drivers of rising prices are getting harder to scrub away. The unwelcome surprises now have forecasters eyeing fewer cuts, closer to the ...
U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that ...
The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes ...
The Fed once again held interest rates steady given higher inflation reports, with investors now not expecting a rate cut ...
Stocks on both sides of the Atlantic rose, with the three major indices on Wall Street in the green as a softer-than-expected ...
US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor ...
The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high ...