The president's post came only a half hour before the Labor Department reported that inflation climbed last month.

Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.

Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...

While presidents traditionally refrain from commenting on the bank’s policymaking, Trump has regularly weighed in on the ...

The main market mover on Tuesday was Powell’s testimony before Congress, which wasn’t as hawkish as expected and might have ...

Although improved from a mid-January peak of 7.30%, 30-year refinance rates are still somewhat elevated after plunging in September to 6.01%, a two-year low.

The 30-year mortgage rate average continues to waver, rising slightly Tuesday to 6.85%. The flagship average has been moving in a mild yo-yo pattern over the past two weeks that includes its cheapest ...

Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and wh ...

President Donald Trump has once again called for lower interest rates, arguing that a rate cut would align with his ...

The U.S. consumer price index (CPI) rose by 0.5 per cent in January, hotter than what economists were expecting. The ...

It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agenda ...