In a display of cautious deliberation—or perhaps just elegant procrastination—Federal Reserve officials decided in December to ease up on the throttle of rate cuts, citing...
President-elect Donald Trump’s advisers are busy scheming how to reshape the Federal Reserve’s leadership, reportedly eyeing Fed Governor Michelle Bowman for the vice-chair role overseeing...
In the intricate ballet of central bank policy, clarity in communication is paramount. The better the Federal Reserve’s messaging, the more accurately market participants can...
The Federal Reserve’s preferred measure of core inflation, the Personal Consumption Expenditures (PCE) price index, stubbornly rose again in October, growing 2.8% year-on-year and 0.3%...
Trump has been openly critical of Powell, the man he appointed in 2018. Nevertheless, in his first post-election press conference, Powell asserted that Trump lacks...
The U.S. Federal Reserve’s preferred inflation measure has seen its steepest monthly increase since April, adding an ironic twist to the recent optimism surrounding potential...
As Federal Reserve officials settle in for their two-day policy meeting starting Wednesday, they might want to consider a history lesson or two. The past...
Federal Reserve Chairman Jerome Powell is unlikely to see his policy committee granting another significant interest rate cut as long as the labour market holds...