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

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Nomura expects the U.S. Federal Reserve to cut interest rates by 25 basis points in September, bringing forward its easing ...

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increased at a moderate pace in July and Treasury Secretary Scott Bessent said he ...

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...

The Indian rupee and forward premiums traded higher on Wednesday, lifted by tame headline U.S. inflation data that reinforced ...

US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next month to lift job market.