Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He ...

President Donald Trump ramped up pressure on the US central bank on Wednesday with a call for Federal Reserve (Fed) Governor Lisa Cook to step down as he continued to criticize Fed Chairman Jerome ...

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high ...

The RBI formally adopted the flexible inflation targeting framework in late 2016 with a 4 per cent target in a band of 2-6 per cent. The target is valid for five years, after which it must be reviewed ...