The dollar climbed 1.2% on the Japanese currency to 144.29 - its strongest in two weeks - on the back of Ueda's remarks ...

Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...

World stocks neared record highs due to the Federal Reserve's significant interest rate cut. The yen eased after remarks from ...

The Federal Reserve’s interest-rate cut on Wednesday will take time to work its way through the American economy. And not ...

The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...

Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...

President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...

On the 18th, the Federal Reserve (Fed) implemented a ‘big cut,’ reducing the benchmark interest rate by 0.50 percentage ...

In the aftermath, economists and traders moved to adjust their forecasts and wagers to account for the Fed’s new narrative.

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

"It seems like the Fed wanted to catch up from not going in July," Oscar Munoz, an economist at TD Securities, said after the ...