Gold futures were up sharply on Thursday, with prices touching a record intraday high of $2,840.50 an ounce on Comex, with uncertainty surrounding President Donald Trump's tariff threats contributing ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...

LONDON (Reuters) - The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, ...

Wall Street shares rallied on Thursday, as investors cheered earnings from Meta , but shunned Microsoft , while the dollar dipped, further boosting gold prices.

Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...

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

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

The Fed held rates as was widely expected at 4.25 per cent-4.50 per cent, with Fed Chair Jerome Powell saying that the US ...