The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...

A major bank is forecasting Aussies with mortgages will have to wait another six months before they see a rate cut.

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...

Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...

Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...

The U.S. central bank has lowered interest rates by 0.75 point since September.

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...