A cut Wednesday would be the second this year and could benefit consumers by bringing down borrowing costs for mortgages and ...

Analysts expect the Fed to proceed with another quarter-point rate cut, viewing a cooling labor market as a larger concern ...

The Nigerian naira strengthened against the American dollar on Monday in both the official and parallel foreign exchange markets, signalling ...

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the ...

Treasure Secretary Bessent, who is leading the vetting process, has said he plans to do another round of interviews with the ...

Discover how the Fed’s policy shifts, easing China trade tensions, and falling mortgage rates could shape markets and ...

President Donald Trump has a final five to replace Fed Chair Jerome Powell. Trump's final decision could come before the end ...

That puts the Federal Reserve in a tough spot as it wrestles with its dual mandate of low inflation and full employment.

FOMC is gearing up for its next big meeting, and all eyes are on what could be a pivotal moment for global markets. The FOMC, ...

The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by ...

When Jerome Powell speaks, markets listen. As well they should. Powell serves as the chair of the Federal Reserve Board. As ...