A dramatic day on Wednesday ended with Wall Street in the green and the dollar and short-dated Treasury yields lower, ...

President Donald Trump said he won't fire Federal Reserve Chairman Jerome Powell but will replace him within the next year when his four-year term ends.

Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire the Fed chief, which ...

With core inflation still above the US Federal Reserve's (Fed) 2% target, rates are likely to stay on hold this month ...

The Consumer Price Index rose 2.7% in June compared to 2.4% in May. Bostic noted that nearly half of the products showed an increase of 5% or more, nearly double the share seen in January -- a metric ...

The president asked lawmakers whether he should axe Jerome Powell, a move that sparked fresh concerns over the central bank’s ...

The price strength could mark the early signs of inflation driven by the new tariff regime — especially with more duties scheduled to take effect Aug. 1. According to Sevens Report, “There was enough ...

Market reaction hinted at investors’ expectations that central bank would retain some independence no matter who is in charge.