Wall Street traded near record highs on Thursday as fresh US economic data reinforced expectations that the Federal Reserve will cut interest rates next week to support growth. The S&P…
US President Donald Trump lashed out at the Federal Reserve on Wednesday after fresh data showed US producer prices unexpectedly fell in August, sharpening his demand for an immediate rate…
US stocks edged higher on Monday as investors prepared for a week packed with critical economic data that could influence whether, and by how much, the Federal Reserve adjusts interest…
Wall Street powered higher on Friday after Federal Reserve Chair Jerome Powell signalled that interest rate cuts could be approaching, though he stopped short of offering a clear timeline. The…
The battle over the independence of the US Federal Reserve has intensified, with President Donald Trump openly calling for the resignation of a governor, threatening to fire Chair Jerome Powell,…
Wall Street stocks were mixed in early trade on Tuesday as major US retailers began reporting quarterly results, while investors awaited Federal Reserve Chair Jerome Powell’s policy remarks later this…
Wall Street began the week on a cautious note on Monday, with investors holding back as they waited for a busy line-up of corporate earnings and a key speech from…
US consumer inflation held steady at 2.7% in July, but core prices rose as President Donald Trump’s sweeping tariffs continued to influence the economy, according to data released on Tuesday.However,…
Federal Reserve Chairman Powell maintains that additional data regarding tariff impacts on inflation and economic conditions is necessary before implementing any policy changes. “In support of its goals, the Committee…
US President Donald Trump took aim at Federal Reserve Chair Jerome Powell during a rare visit to the central bank’s headquarters on Thursday, criticising the ballooning cost the historic buildings…