US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts ...

Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July ...

That’s because credit is produced, not decreed or managed by central banks. Individuals, banks, and governments borrow money ...

A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job ...

With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve ...

Tom Barkin, president of Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...