Ultimately, the US central bank is still likely to cut interest rates by 25bps at its September meeting, limiting the immediate market reaction to the stunning print. Instead, the elevated inflation ...

Bitcoin (BTC) notched a new all-time high above $124,000, capping a year-to-date climb of roughly 30-33% and nearly doubling from last year’s levels. The breakout is being powered by a potent mix of ...

Asian stocks experienced a mixed recovery as higher-than-expected U.S. producer price inflation tempered expectations for ...

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

Having railed against the "revolving door" between the executive branch and the US Federal Reserve, Council of Economic Advisers Chair Stephen Miran may now be walking through it after President Donal ...

The US Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair ...