Yet if he’s trying to blame the Federal Reserve, which controls short-term interest rates, he has the analysis backward. Rising inflation means the Fed must be more cautious in cutting rates.

LONDON, Feb 14 (Reuters) - The Federal Reserve's widely panned and soon-to-be-revised "average inflation targeting" strategy may survive mostly intact after this year's review - with a super wide ...

On a call with reporters Thursday, New York Federal Reserve researchers said credit card debt typically goes up at the end of the year when consumers do their holiday shopping. Researchers said ...

America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the ...

The Latest The Federal Reserve chairman heads to Capitol Hill as Trump’s plans for tariffs and tax cuts grab headlines. There was no relief from rising prices for consumers in December.

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...

Investopedia / Photo Composite by Alice Morgan / Getty Images It would be a huge surprise to financial markets if the Federal Reserve did anything other than hold its interest rate flat when the ...

President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

Astronomers first detected the new FRB, dubbed FRB 20240209A, in February 2024 with the Canadian Hydrogen Intensity Mapping Experiment (CHIME). For the first time, astronomers have traced a fast ...

For the first time, astronomers have traced a fast radio burst (FRB) to the outskirts of an ancient, dead, elliptical galaxy—an unprecedented home for a phenomenon previously associated with ...

But new FRB is pinpointed to the outskirts of 11.3-billion-year-old galaxy without young, active stars -- calling those assumptions into question. 'Just when you think you understand an ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.