Powell expressed confidence that inflation will continue its downward trend towards the Federal Reserve’s 2 percent target.

GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the ...

The South African rand weakened against a stronger dollar on Tuesday, after Federal Reserve Chair Jerome Powell poured cold ...

Economists are already pointing to Friday’s jobs report as a key piece of data that could alter the Fed’s policy path. If the ...

Powell said the economy is largely healthy and the Fed is “recalibrating” its key interest rate, not rapidly cutting it.

At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two ...

The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer holding back ...

Gold prices were hovering below recent record peaks on Tuesday after the U.S. Federal Reserve chair tempered expectations for ...

WASHINGTON—Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy ...

LONDON/TOKYO :The dollar rose broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more ...

Federal Reserve chair Jerome Powell indicated inflation is cooling and interest rates may decrease further. Following a ...

At their last meeting Sept. 18, Fed officials reduced their rate from its two-decade high of 5.3% down to 4.8% and penciled ...