Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...
This uncertain outlook in oil markets could pose a challenge to Canada's economic stability, given its heavy reliance on oil exports. Falling crude prices threaten to widen Canada's trade deficit, ...
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the ...
while OPEC output holds steady. This looming supply overhang could exacerbate the market’s oversupply, keeping prices in check. Federal Reserve and Dollar Strength Apply Additional Pressure The ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.m. Eastern. Economists surveyed by ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.