The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.

ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...

Enter Donald Trump. The new US president could call on Opec. He can pledge to ratchet up oil sanctions on Russia to the point where their impact becomes more acute: these would target not only ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

A top surprise for markets this year could be the Fed ultimately cutting rates three or more times, State Street said.

The decision reflects a cautious stance as the Fed assesses the direction of inflation and policies President Trump may ...

Claire Jones Exactly. So Trump said after the meeting on the Truth Social platform that the Fed had done very little to fight inflation, that it was something that he would solve and then criticised ...