Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

Shares have advanced in Europe and Asia after the U.S. stock market rallied to records when data showed inflation across the ...

Tom Barkin, president of Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...

The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.

"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.

The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 1.1% Tuesday and topped its all-time ...

Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...